Page 13 - AsiaElec Week 35 2021
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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



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