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Kia Corporation and Hyundai Motor Company are intensifying efforts to pave the way for a global hydrogen society through the low-cost production of clean hydrogen. To this end, the two mobility companies have now signed a letter of intent to cooperate with the Next Hydrogen Corporation. The Canadian company, a subsidiary of Next Hydrogen Solutions Inc., specializes in water electrolysis technology. The agreement stipulates that the partners will jointly develop an alkaline water electrolysis system and the associated stack, the central element of the system, in order to generate so-called “green” hydrogen economically. As part of the cooperation, potential technological applications and future business opportunities are also to be explored.
Next hydrogen on production system
- Letter of intent to jointly develop a groundbreaking alkaline
Water electrolysis system signed - Companies also want potential technological applications and future ones
Explore business opportunities
Today it is expensive and time-consuming to produce hydrogen in a clean or “green” way - without causing CO2 emissions. Kia, Hyundai and Next Hydrogen therefore want to improve the price competitiveness of green hydrogen while taking regional climate and environmental characteristics into account.
The companies broadening their base by examining the strengths and weaknesses of various water electrolysis technologies have agreed to investigate the possibility of an alkaline water electrolysis system. In this method, water is electrolyzed using an alkaline electrolyte such as potassium or sodium hydroxide. It is considered to be one of the most proven and technologically most thoroughly tested water electrolysis methods and has an extensive track record in research and development. It also offers the advantages that it can be used to produce hydrogen on a large scale, which keeps the plant costs low, and that the catalysts used are relatively inexpensive.
The goal is to advance the stack-related technologies that are at the core of the alkaline water electrolysis system, thereby reducing the cost of manufacturing, maintaining and operating the system. The most important advance expected from the project is the development of a new stack that can be operated at high current density. Because this would make it possible to produce more hydrogen with the same space requirement, which makes the systems more economical. The newly developed stack will leverage Kia and Hyundai's component technology in terms of electrodes, bipolar plates and current collectors, while Next Hydrogen will contribute its design technology. Kia and Hyundai will also oversee performance testing of the new stack. A pilot test is planned for the coming year.
“We look forward to working with Next Hydrogen, a specialist in state-of-the-art water electrolysis technology. This partnership is another leap forward for our hydrogen business and will be our first step into the alkaline water electrolysis market, ”said Jae-Hyuk Oh, Vice President and Head of the Hyundai Motor Group's Energy Business Development Group. “We believe our technology is an excellent match for Next Hydrogen's. This synergy will help us to achieve the goal of supplying our customers with inexpensive green hydrogen. "
"Next Hydrogen's innovative water electrolysis stack design technology is an ideal solution to enable the economical production of green hydrogen," said Raveel Afzaal, President and CEO of Next Hydrogen. “We are very grateful for the opportunity to work with Kia and Hyundai as they are recognized as pioneers in this technology in the industry. We anticipate this partnership will fuel efforts to capitalize on the incredible new opportunities for sustainable transportation around the world. "
There are different ways to produce hydrogen. The production of green hydrogen is one of the cleanest methods because it is done with the help of renewable energies such as offshore wind and therefore there are no CO2 emissions. Because of its environmental friendliness, green hydrogen is also known as the “fuel of the future”, which has the potential to revolutionize the industrial and transport sectors worldwide. The so-called “gray” hydrogen, on the other hand, is produced with fossil fuels, which when burned release CO2. The “blue” hydrogen is produced in the same way. Here, however, the CO2 is captured by special technologies and stored in underground storage so that it does not get into the atmosphere.
Due to the high production costs, many hydrogen companies around the world are working on the further development of their water electrolysis technologies in order to produce green hydrogen more economically. This common goal has brought the Hyundai Motor Group and Next Hydrogen together. The parent company of Kia and Hyundai Motor recently introduced the new “HTWO” brand, which represents the Group's world-leading fuel cell system. Its name stands for the English pronunciation of the hydrogen molecule H2 and for the two central terms of the fuel cell strategy of the Hyundai Motor Group: Hydrogen (hydrogen) and Humanity (humanity). The group is also stepping up its efforts to develop a next-generation fuel cell system that can be used in various forms of mobility from urban air mobility (UAM) to road traffic to shipping and train traffic.
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