Syzygy and Lotte revolutionize hydrogen production in South Korea

Lotte Chemical and Syzygy Plasmonics complete performance tests of an innovative system in Ulsan, South Korea, paving the way for new commercial opportunities in the Asian hydrogen market.

Share:

Subscribe for unlimited access to all the latest energy sector news.

Over 150 multisector articles and analyses every week.

For less than €3/week*

*For an annual commitment

*Engagement annuel à seulement 99 € (au lieu de 149 €), offre valable jusqu'au 30/07/2025 minuit.

Lotte Chemical and Syzygy Plasmonics have reached a decisive milestone for hydrogen by successfully testing the world’s largest all-electric ammonia cracking system. Installed in Ulsan, South Korea, the Rigel™ reactor achieved record-breaking performance with stable production of 290 kilograms of hydrogen per day, an energy efficiency rate of 81%, and a consumption of 11 kWh per kilogram produced. These results strengthen the attractiveness of this technology for Asian industries, where the demand for hydrogen is rapidly growing.

A Technological Advancement with Economic Impact

The tests conducted by Lotte Chemical and Syzygy go beyond technical achievements. By leveraging a localized and scalable production model, the partners aim to optimize costs related to the import and transformation of hydrogen. This technology could reduce expenses traditionally associated with the compression and transport of liquid hydrogen, a key factor for Asian markets that rely heavily on imported energy resources.

For companies operating in industrial and energy sectors, the implications are significant. Improved energy efficiency lowers operational costs, while simplified logistics mitigate supply chain risks. These factors could drive the development of new industrial applications and enhance South Korea’s export capacity as it seeks to establish itself as a regional hydrogen hub.

Next Steps and Commercial Deployment

The data gathered during these trials provides Syzygy with a clear roadmap for developing even more efficient reactors. The stated goal is to reduce energy consumption to 8 kWh per kilogram of hydrogen produced in future versions of the Rigelâ„¢ cell. Furthermore, Lotte Chemical plans to build a small-scale commercial plant to test industrial-level production capabilities.

Asian financial actors and governments are closely monitoring this project, which could redefine hydrogen supply chains in the region. With markets like Japan and Eastern Europe also seeking reliable and competitive solutions, the success of this collaboration between Lotte and Syzygy could influence strategic decisions far beyond South Korean borders.

Endua, an Australian technology company, has received $4.88mn in public funding to strengthen its capacity to produce modular hydrogen electrolysers, supporting the expansion of local supply chains and industrial development within the hydrogen sector.
HydrogenXT secures a $900mn agreement with Kell Kapital Partners Limited to develop the first ten local zero-carbon blue hydrogen plants along key logistics corridors in the United States.
Elogen completes delivery of a 2.5 MW proton exchange membrane electrolyser for the Baseload Power Hub, linked to the Hollandse Kust Noord offshore wind farm and operated by CrossWind joint venture.
Fotowatio Renewable Ventures joins forces with Envision Energy for the H2 Cumbuco project, aiming for a 500MW green ammonia plant targeting Brazilian, European, and Asian markets.
Element 2 strengthens its partnership with HRS to install a mobile hydrogen station in Glasgow, as part of its expansion strategy for its refuelling network in the United Kingdom and Ireland.
Global hydrogen development, supported by more than 1,500 ongoing projects and significant investments, is driving strong demand for insurance coverage, with potential estimated at over USD3bn in annual premiums by 2030.
ArcelorMittal Brazil begins a collaboration with Utility Global to develop a clean hydrogen project using the patented H2Gen system, aimed at producing up to 3 tons per day at the Juiz de Fora plant.
ENERTRAG announces the acquisition of a plot in Prenzlau to install a 130 megawatt green hydrogen production unit, with a planned investment of €300 mn, thereby supporting the regional economy and local industrial sector.
H2APEX Group SCA has completed a EUR30mn ($32.5mn) capital increase to finance the acquisition of HH2E Werk Lubmin GmbH and support the development of its hydrogen project in Germany. —
Next Hydrogen launches the largest onsite clean hydrogen production and distribution station in Ontario, capable of supplying up to 650 kg per day for powering fuel cell forklifts.
A 5,500-horsepower harbour vessel was bunkered with green ammonia at the Dalian terminal, marking the creation of a full value chain for this fuel and a technical milestone for the maritime sector.
Air Liquide begins construction of the ELYgator electrolyser in Rotterdam, a 200 MW project, supported by the Dutch government and an investment exceeding €500 mn.
A pilot project in Germany aims to produce green hydrogen at sea directly from untreated seawater on offshore wind farms, using marine bacteria and robust materials.
BP withdraws from the Australian Renewable Energy Hub, a major renewable hydrogen and ammonia project in the Pilbara region, marking a new stage for energy investments in Australia.
Next Hydrogen raises CAD1.5mn from its management and a commercial lender to strengthen its cash flow and retain teams, while maintaining its review of financial and strategic solutions.
The first European citizen funding campaign dedicated to green hydrogen enabled Lhyfe to collect €2.5mn from nearly 1,200 investors, strengthening the development of new sites in France and Germany.
In the face of renewable energy intermittency, Power-to-Hydrogen-to-Power (PtP) technology could revolutionize energy storage. However, its adoption still depends on cost reduction and efficiency improvements.
South Korean company YPP and Kazakh Invest have signed a framework agreement for the development of a green hydrogen production project in Kazakhstan, with investments potentially reaching $3.1 billion.
The Dutch government has granted major funding to HyCC for its H2eron electrolysis project, aimed at producing renewable hydrogen in the Delfzijl industrial zone.
ACWA Power has signed several agreements with European partners to develop a green energy export chain between Saudi Arabia and Europe, as part of the India-Middle East-Europe Economic Corridor project.
Consent Preferences