Page 13 - AsiaElec Week 35 2021
P. 13
AsiaElec NEWS IN BRIEF AsiaElec
“Sino-US climate change cooperation A Hyundai Oilbank official said in the
cannot be separated from the overall week ended Aug. 28 that the company
sentiment of Sino-US relations. The United had firmed up plans to set up the fuel cell
States should meet China halfway and take HYDROGEN separator facility in its main complex in
positive actions to push Sino-US relations Daesan on the west coast.
back on track,” Wang said. Hyundai Oilbank looks to “We will conduct a test-run of the facility
“The US side wants to turn climate by the end of this year, which will be followed
cooperation into an ‘oasis’ in China-US expand hydrogen footprint, by actual tests of the separators, jointly with
relations. But if the oasis is surrounded by local automakers within next year -- so we
desert, it would be desertified soon.” cut refining portfolio we can start mass production of fuel cells
separators in 2023,” the official said.
South Korea’s Hyundai Oilbank is pushing
ahead with its hydrogen investment plans,
WIND which include setting up separators for fuel
cells and expanding the retail fuel network, COAL
Chinese wind turbine maker in Asia who are looking to diversify their Tata, Adani plants may get
It is joining a growing list of refiners
to launch EV-charging portfolio and make cleaner fuels a part of their to sell on power exchanges
energy mix, S&P Global Platts reported.
robots separators for fuel cells and grow its hydrogen
The recent decision by Hyundai to produce
One of China’s biggest wind-turbine makers presence is in line with the country’s roadmap amid coal crisis
plans to tackle the country’s chronic shortage for an hydrogen economy that has seen the The two power units in Gujarat using
of electric vehicle charging points: mobile country’s companies announcing major plans imported coal -- Tata UMPP and Adani
robots that bring the juice to the car. -- such as setting up the world’s largest liquid Mundra -- might have a chance at revival as
Envision Group plans to start testing its hydrogen plant and starting commercial the Centre opens up merchant power sale for
Mochi robot — so named because it provides production at the world’s first byproduct them in the middle of domestic coal supply
mobile charging services — in Shanghai hydrogen-based fuel cell power plant. shortages.
this year. The robot is also being shipped to “The Korean chaebols are not only The two units have been in a constant
Singapore, the Nikkei reported. focusing on selling their hydrogen expertise tussle with five states to which they sell
The company aims to make the robot and equipment overseas to establish new power over the compensation due to higher
available through a smartphone app-based export markets but it is clear that South Korea imported coal prices.
membership service that will allow drivers to also wants to develop a leading domestic It is expected that Tata Power and Adani
leave their cars for Mochi to find and charge market for hydrogen,” said Edgare Kerkwijk, Power could make gains on selling on the
automatically. board member of the Asia-Pacific Hydrogen power exchanges, especially since they are not
Association. selling power to any state on a long-term basis
“Hyundai Oilbank’s plans are a part of due to no clarity on tariffs.
Korea Inc’s drive towards becoming a leader The current prevailing rates at the Indian
WIND in the hydrogen industry in Asia-Pacific and Energy Exchange (IEX), the country’s largest
potentially globally,” he added. power exchange platform, are more than
Week 35 01•September•2021 www. NEWSBASE .com P13