'South Korea’s hydrogen power strategy should be reconsidered after auction failure': BNEF

The research firm argues that the results of the initial tender suggest that importing clean ammonia will be prohibitively expensive to meet upcoming targets

South Korean president Yoon Suk Yeol.
South Korean president Yoon Suk Yeol.Photo: Office of the President (Republic of Korea)
Published 26 November 2024, 11:14Updated 26 November 2024, 11:14
South KoreaPowerBNEFAmmoniacoal