South Korea's commitment to achieve net-zero by 2050 will require significant investments to decarbonize its traditional energy-intensive industries, and a move towards cleaner energy sources. Opportunities exist for Canadian companies to support South Korea's decarbonization efforts in:
- small modular reactor technologies
- hydrogen and fuel cells
- carbon capture, utilization, and storage
- circular economy applications, including recycling technologies
As a net energy importer, South Korea is looking to reliable partners, such as Canada, for securing sources of hydrogen and ammonia imports to reduce emissions from natural gas and coal and the carbon footprint.
https://www.tradecommissioner.gc.ca/campaign-campagne/tctm_southkorea-cecm_coreedusud.aspx?lang=eng