INTIEAKorea · Support for fuel purchase cost for hydrogen refuelling stationsPolicyIn force

Support for fuel purchase cost for hydrogen refuelling stations

To improve the initial operating conditions of the hydrogen charging stations, the Ministry of Environment provides a subsidy for hydrogen refueling stations’ fuel purchase cost for their initial operating conditions. From Feb 9 to 23 opened applications from 66 companies, which…

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Country / jurisdiction: Korea · Year: 2022 · Status: In force · Level: National · Type: Voluntary

To improve the initial operating conditions of the hydrogen charging stations, the Ministry of Environment provides a subsidy for hydrogen refueling stations’ fuel purchase cost for their initial operating conditions. From Feb 9 to 23 opened applications from 66 companies, which operated hydrogen charging stations last year (2021). In total, 61 charging stations were selected and provided support – an average of KRW 58 million per company, totaling KRW 3.5 billion. This is the second year of the subsidy:

- The average amount of subsidy per charging station has halved (KRW 114 million  58 million)

- The number of stations supported increased from 12 to 61

- The average deficit per station decreased by 12.6% (KRW 183 million  160 million)

Official source: http://me.go.kr/home/web/board/read.do?pagerOffset=0&maxPageItems=10&maxIndexPages=10&searchKey=&searchValue=&menuId=10525&orgCd=&boardId=1522290&boardMasterId=1&boardCategoryId=&decorator

Source

https://www.iea.org/policies/15471

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