The first contract with Samsung C&T, signed earlier this year, was for an off-grid project based on solar power. The South Korean company will now establish a demonstration plant to validate the commercial model for nuclear ‘pink’ hydrogen. The aim is to produce hydrogen from excess nuclear power generation, utilising energy that would otherwise be wasted during periods of oversupply, thereby increasing overall energy efficiency.
“Samsung C&T has ambitious plans in the hydrogen industry, and we are pleased that we, for the second time now, have been selected to deliver the electrolyser for this exciting and meaningful project,” said Håkon Volldal, President and CEO of Nel ASA.
Samsung C&T (Construction and Trading) focuses on global engineering, procurement, and construction. The company has signed several green hydrogen agreements and continues to strengthen its energy transition business portfolio.
Byung Soo Lee, Head of Energy Solution Business Unit at Samsung C&T, stated: “This is the very first hydrogen production project using nuclear power in Korea and we needed to have the most reliable electrolysis technology for executing the project. There is no doubt that Nel’s technology can meet our expectation. We are thrilled to partner with Nel again in pink hydrogen production project. Samsung C&T hope to strengthen the partnership with Nel to develop more opportunities in clean hydrogen business.”
This is a firm purchase order for alkaline stacks and balance-of-stacks (BoS). The electrodes will be produced at Nel’s Herøya facility in Norway.