South Korea begins building world's largest 108 MW hydrogen power plant

South Korea has commenced construction of the world’s largest hydrogen fuel cell power plant, the 108 MW Gangdong Hydrogen Fuel Cell Power Generation Project in Gyeongju, North Gyeongsang province. Scheduled to be fully operational by March 2028, the plant will generate enough clean electricity to power approximately 270,000 households annually. Backed by a USD 580.7 million investment through the Regional Revitalization Investment Fund—which pools government, local authority, and private sector contributions—the facility aims to provide stable baseload electricity to the national grid and stimulate regional industrial growth. The project is viewed as a strategic step toward South Korea’s renewable energy goals and positioning Gyeongju as an energy and industrial hub. The plant will utilize grey hydrogen produced on-site from natural gas to generate electricity via high-efficiency fuel cells, serving as a transitional technology while the country advances toward green hydrogen. It has secured a 20-year renewable energy certificate contract to ensure financial viability through South Korea’s