Policy Issue

Government unveils its hydrogen economy roadmap


The government announced on January 17 its roadmap to achieve a hydrogen economy by 2040, which contains plans to promote hydrogen fuel cell cars and increase hydrogen fuel cell-based power generation.


The government, recognizing innovation as new growth engines, has focused on the importance of hydrogen fuel as it will lead the development of future growth engines as well as provide clean energy. New markets will be created
for hydrogen fuel cell vehicles and the fuel cell-based energy generating system, and infrastructure construction for the storage and delivery of the new energy will stimulate other industries as well, boosting investment and creating jobs.

* For further details, please refer to the attached file.

Jan 2019

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The Economic Bulletin is a monthly English publication that covers the current status and future outlook of the Korean economy, as well as key economic policies and indicators. By sharing such information with foreign residents in Korea and international opinion leaders, the Economic Bulletin aims to generate a greater international level of understanding on the Korean economy.