Business · Energy & Commodities · 1 hr ago
KENTECH licenses liquefied hydrogen engineering know-how for 500 million won
The Korea Institute of Energy Technology, known as KENTECH, has signed a technology-use agreement with Korea Electric Power Engineering.
The deal is worth 500 million won, excluding value-added tax.
It covers engineering know-how for facilities that produce, store, transport and supply liquefied hydrogen.
The know-how brings together design standards and ways to assess equipment connections, operating plans, safety and cost.
It also includes experience from building demonstration facilities and checking their safety and economic viability.
Korea Electric Power Engineering plans to use the know-how in liquefied hydrogen research and related engineering projects in South Korea.
KENTECH says it will transfer the technology so its research can be used in industrial infrastructure projects.
KENTECH has signed a technology-use agreement with Korea Engineering Consultants Corp. worth 500 million won, excluding value-added tax.
The agreement covers engineering know-how for liquefied hydrogen plants and infrastructure systems.
The know-how integrates the design of liquefied hydrogen production, storage, transport and supply facilities.
It also covers demonstration-facility construction, safety reviews and economic assessments.
Korea Engineering Consultants plans to use the know-how in domestic liquefied hydrogen research and development and related engineering projects.
- Who
- KENTECH and Korea Engineering Consultants Corp.
- What
- They signed an agreement to use engineering know-how for liquefied hydrogen plants and infrastructure. The fixed technology fee is 500 million won, excluding value-added tax.
- When
- KENTECH announced the agreement on October 13, 2026.
- Where
- Not stated
- Why
- Korea Engineering Consultants plans to use the know-how in domestic liquefied hydrogen research and development and related engineering projects.
This story does not have two clearly opposing sides.
This story does not have a timeline yet.
- Technology fee
- 500 million won, excluding value-added tax
- Agreement parties
- KENTECH and Korea Engineering Consultants Corp.
- Technology
- Engineering know-how for liquefied hydrogen plants and infrastructure systems
- Announced
- October 13, 2026
- Planned use
- Domestic liquefied hydrogen research and development and related engineering projects
What people are saying
The design capability to connect facilities from production through storage, transport and supply, and to verify operations and safety together, is important for liquefied hydrogen plants.
We will faithfully transfer the technology so that the cryogenic system engineering technology developed in the laboratory can be used in key infrastructure projects in industry.
Sources
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