Register with us today

and in less than 60 seconds continue your access to:Latest news headlinesAnalytical topics and featuresCommodities videos, podcast & blogsSample market prices & dataSpecial reportsSubscriber notes & daily commodity email alerts

Already have an account?

Log in to register

Forgot Password

Please Note: Platts Market Center subscribers can only reset passwords via the Platts Market Center

Enter your Email ID below and we will send you a link to reset your password.

  • Email Address* Please enter email address.

If you are a premium subscriber, we are unable to send you a link to reset password for security reasons. Please contact the Client Services team.

If you are a Platts Market Center subscriber, to reset your password go to the Platts Market Center to reset your password.

In this list
Electric Power

Hyundai exports first hydrogen fuel cell system to Switzerland for non-car use

Commodities | Energy | Electric Power | Renewables | Natural Gas

Hydrogen: Beyond the Hype

Electric Power

Platts M2MS-Power

Electric Power | Renewables | LNG | Infrastructure Utilities

Caribbean Energy Conference, 21st

Natural Gas | Natural Gas (North American) | Oil | Crude Oil | Refined Products

Western US Gulf of Mexico evacuations beginning ahead of tropical storm

Hyundai exports first hydrogen fuel cell system to Switzerland for non-car use

Singapore — South Korea's Hyundai Motor Co. has begun exporting its hydrogen fuel cell system to Switzerland's GRZ Technologies for non-automotive use, the Ministry of Trade, Industry and Energy said Sept. 16.

Not registered?

Receive daily email alerts, subscriber notes & personalize your experience.

Register Now

The export falls in line with South Korean government's plan to promote hydrogen fuel cell systems as a new key export product, adding to exports of hydrogen fuel cell electric passenger and commercial vehicles.

GRZ, a company that specializes in energy storage in the form of hydrogen, plans to use the system to produce a stationary power supply system to be used for building electricity at peak times.

GRZ has the technology to store about five to 10 times more hydrogen than in a normal hydrogen storage tank at a lower pressure of less than 30 bar versus 200 to 500 bar.

"It is expected that this technology will be used in various ways through cooperation between the two companies in the future," Hyundai Motor said.

Following the inaugural shipment, the South Korean carmaker aims to export more hydrogen fuel cell systems to global markets such as the US and China.

Also, Hyundai Motor said it began shipping its fuel cell system to an undisclosed energy solutions startup that produces electric generators. The startup will use Hyundai's system to produce mobile hydrogen generators.

Hyundai Motor Group aims to produce 700,000 units/year of fuel cell systems for use in cars and for non-automotive sectors such as vessels, rail cars, drones and power generators by 2030.