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Activating Korea's Hydrogen Energy Industry

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Abstract

The world's major countries are aggressively preparing national strategic countermeasures in response to climate change, the fourth industrial revolution and tightening environmental regulations. This paper seeks to make clear the implications of hydrogen energy as a next-generation energy source and the ways in which industry can be structured to ensure a smooth transition to a hydrogen economy. To do this, I examine the economic feasibility, technological power and competitiveness of hydrogen energy, and examine the constraints and regulations facing hydrogen energy in our society and economy. Finally, the main purpose of this study is to derive industrial applications and policy implications of hydrogen energy, which is technically complex but possible to produce anywhere.

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  • Hur, Sun Kyung, 2023. "Activating Korea's Hydrogen Energy Industry," Industrial Economic Review 19-9, Korea Institute for Industrial Economics and Trade.
    • Handle: RePEc:ris:kieter:2019_009
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    More about this item

    Keywords

    renewable energy; energy transition policy; hydrogen; hydrogen economy;
    All these keywords.

    JEL classification:

    • Q28 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Government Policy
    • Q41 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Demand and Supply; Prices
    • Q42 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Alternative Energy Sources
    • Q48 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Government Policy

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