Building a Hydrogen Future: Korea’s Path to a Robust Market

As the world increasingly turns its attention to sustainable energy sources, hydrogen stands at the forefront of this transition, offering a clean and versatile option for various sectors. Korea is poised to become a significant player in the hydrogen economy, but for this vision to become a reality, there are essential steps that must be taken. One of the most critical areas of focus is the establishment of clear and transparent regulations surrounding the development of hydrogen infrastructure.

The Need for Clear Regulations

To attract investors and support project developers, Korea must create robust regulatory frameworks for constructing, owning, and operating hydrogen pipelines and import terminals. These regulations are not merely bureaucratic necessities; they are vital for fostering confidence among investors who seek stability and clarity when committing resources to long-term projects.

Without timely and well-planned infrastructure rollout, the crucial link between hydrogen supply and demand becomes severed. This disconnect can lead to market uncertainty, inhibiting growth and innovation. By implementing regulatory measures that concentrate on effective planning, repurposing existing natural gas infrastructure, and fostering cross-border cooperation, Korea can ensure a seamless and cost-effective transition to a hydrogen economy.

The Hydrogen Business Bill: A Legislative Milestone

In January 2025, Korea took a pivotal step by introducing the Hydrogen Business Bill, a legislative proposal aimed at laying a solid foundation for its burgeoning hydrogen sector. This bill is designed to establish clear rules for various aspects of the industry, including permitting processes, supply and demand management, and the obligations of market participants.

A well-functioning hydrogen market is not just beneficial; it is essential for building a robust industrial ecosystem. The Hydrogen Business Bill is expected to solidify the legal groundwork necessary for this development, thereby enhancing investor confidence in Korea’s emerging hydrogen landscape. With this legislative support, stakeholders will have a clearer understanding of their responsibilities, which is crucial for the stability and growth of the market.

Certification Schemes: Ensuring Credibility

As a future major importer of clean hydrogen and its derivatives, Korea is actively engaging in discussions about clean hydrogen certification schemes at international platforms like the International Partnership for Hydrogen and Fuel Cells in the Economy. The importance of these certification schemes cannot be overstated, as they create a system of standards that suppliers must adhere to in order to participate in the Korean market.

Korea’s certification framework is based on various international standards, including ISO/TS 19870, but it also takes national circumstances into account. This tailored approach ensures that suppliers interested in entering the Korean market can align their production processes with local requirements. As evidenced by the early outcomes of Korea’s Clean Hydrogen Portfolio Standard, suppliers are willing to adjust their processes to meet Korean regulations, indicating a strong interest in the market.

Harmonizing International Standards

The dynamics of global trade in clean hydrogen necessitate ongoing discussions to harmonize certification standards internationally. While countries have unique national and market contexts, creating interoperability and credibility across borders is essential for fostering a thriving hydrogen economy. Suppliers must navigate various certification schemes, and avoiding conflicts between domestic and international standards will facilitate smoother market entry.

These discussions are vital, as aligning certification processes can strengthen partnerships between nations and enhance the reliability of hydrogen as a clean energy source worldwide. By proactively engaging with international stakeholders, Korea can position itself as a leader in establishing global hydrogen standards while supporting its domestic market.

Conclusion

Korea’s ambition of becoming a leading player in the hydrogen economy is gaining momentum thanks to thoughtful legislative measures, a focus on infrastructure development, and active participation in international dialogues on certification standards. As the nation sets out on this path, stakeholders, from investors to suppliers, will find a growing landscape ripe with opportunities, fostering innovation and sustainability in a crucial sector of the future energy market.