South Korea inaugurated World’s Largest Hydrogen Fuel Cell Power Plant

WHY IN THE NEWS?

• The Ministry of Trade, Industry and Energy of South Korea held that the ‘Shinincheon Bitdream Fuel Cell Power Plant’ at the Shinincheon Bitdream headquarters of Korea Southern Power in Seo-gu, Incheon has been completed and inaugurated.
• The power plant is operated by South Korea’s independent power production company, POSCO Energy and Doosan Fuel Cell. It has a capacity of 78 MW constructed in four stages from 2017. The project cost about 340 billion won ($292 million).