South Korea is set to construct its largest hydrogen fuel cell power plant, the Gangdong Hydrogen Fuel Cell Power Plant, in Gyeongju, Gyeongsangbuk-do. The project, a collaboration between public and private sectors under the Regional Activation Investment Fund, aims to reinforce the country’s green energy ambitions while boosting local economic development.
Project Overview With an investment of won 771.6bn (USD 550M), the plant will have a capacity of 107.9 MW, capable of generating enough electricity to power 270,000 four-person households annually. Construction is slated to begin in March 2025, with the plant expected to be operational by March 2028.
The power plant will address critical energy deficits in the region, enhancing electricity supply reliability to industrial complexes such as the Pohang Yeongil Bay and Blue Valley complexes. These industrial hubs, currently grappling with power shortages, are anticipated to benefit significantly from the stable energy output.
A Green Future for Gyeongju and Beyond The Gangdong Hydrogen Fuel Cell Power Plant represents a pivotal move in South Korea’s energy transition, prioritizing cleaner, renewable energy sources. By addressing power deficits and spurring economic growth, this project demonstrates how strategic investments in green energy can drive both sustainability and regional development. As South Korea accelerates its renewable energy efforts, this landmark initiative in Gyeongju is set to serve as a blueprint for future projects across the country.
