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Hyundai Motor and LS Motors to Develop 95kW Hydrogen Fuel Cell Power Generation System
Hyundai Motor and LS Electric Partner on a 95kW Hydrogen Fuel Cell
Promoting the development of a system-based power generation system
Plans to launch a pilot system in 2021
Hyundai Motor Company and LS Electric have agreed to collaborate to expand the supply of eco-friendly energy and achieve an early implementation of a hydrogen society.
Hyundai Motor Company and LS Electric signed a memorandum of understanding (MOU) on 'mutual cooperation related to the development and supply of hydrogen fuel cell power generation systems' at the Hyundai Motor Company Environmental Technology Research Center in Yongin, Gyeonggi Province on the 8th.
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This MOU was signed based on the aligned interests of Hyundai Motor Company, which is pursuing the development and commercialization of fuel cell systems in various ways, and LS Electric, which is seeking to expand its fuel cell-based power generation business.
The two companies expect synergy from Hyundai Motor Company's hydrogen fuel cell system technology and experience in mass production of hydrogen electric vehicles, and LS Electric's power grid integrated solution operation technology and experience in mass production of various power equipment.
Through this MOU, the two companies will pursue the development of a power generation system based on Hyundai Motor Company's 95kW hydrogen fuel cell system. In this process, Hyundai Motor Company will supply the fuel cell system and provide technical support, while LS Electric will be responsible for manufacturing the power generation system and establishing an integrated solution.
The two companies plan to present a pilot power generation system in 2021 after completing verification of the power generation facility. In particular, we plan to develop a power generation system that can immediately adjust output when needed to respond to the needs of ▲emergency power generation and peak power response for buildings and industries ▲reducing power grid load due to the expansion of electrification ▲resolving power supply and demand volatility and power grid instability from renewable energy sources such as solar and wind power.
In addition, the two companies plan to work together to accelerate the transition to a hydrogen society, including expanding the market for power generation systems based on fuel cells.
Promoting the development of a system-based power generation system
Plans to launch a pilot system in 2021
Hyundai Motor Company and LS Electric have agreed to collaborate to expand the supply of eco-friendly energy and achieve an early implementation of a hydrogen society.
Hyundai Motor Company and LS Electric signed a memorandum of understanding (MOU) on 'mutual cooperation related to the development and supply of hydrogen fuel cell power generation systems' at the Hyundai Motor Company Environmental Technology Research Center in Yongin, Gyeonggi Province on the 8th.
▲ (From left) Oh Jae-seok, head of LS Electric’s global business division
Kim Se-hoon, head of Hyundai Motor Company's fuel cell division [Photo = Hyundai Motor Company]
Kim Se-hoon, head of Hyundai Motor Company's fuel cell division [Photo = Hyundai Motor Company]
This MOU was signed based on the aligned interests of Hyundai Motor Company, which is pursuing the development and commercialization of fuel cell systems in various ways, and LS Electric, which is seeking to expand its fuel cell-based power generation business.
The two companies expect synergy from Hyundai Motor Company's hydrogen fuel cell system technology and experience in mass production of hydrogen electric vehicles, and LS Electric's power grid integrated solution operation technology and experience in mass production of various power equipment.
Through this MOU, the two companies will pursue the development of a power generation system based on Hyundai Motor Company's 95kW hydrogen fuel cell system. In this process, Hyundai Motor Company will supply the fuel cell system and provide technical support, while LS Electric will be responsible for manufacturing the power generation system and establishing an integrated solution.
The two companies plan to present a pilot power generation system in 2021 after completing verification of the power generation facility. In particular, we plan to develop a power generation system that can immediately adjust output when needed to respond to the needs of ▲emergency power generation and peak power response for buildings and industries ▲reducing power grid load due to the expansion of electrification ▲resolving power supply and demand volatility and power grid instability from renewable energy sources such as solar and wind power.
In addition, the two companies plan to work together to accelerate the transition to a hydrogen society, including expanding the market for power generation systems based on fuel cells.
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