Doosan Fuel Cell to Provide Integrated Energy Supply with Hydrogen Fuel Cells in Collaboration with City Gas Companies

Signed MOU with Seorabeol City Gas and GNC Energy
Planned expansion to city gas suppliers nationwide... 30 operators
Plan to establish customized energy welfare solutions for each region

Doosan Fuel Cell is set to develop a new energy business model based on hydrogen fuel cells, in collaboration with city gas suppliers and local communities.

On June 16, Doosan Fuel Cell announced that it had signed a memorandum of understanding (MOU) for "joint promotion of energy projects to expand regional energy welfare" with Seorabeol City Gas and GNC Energy at Doosan Tower in Dongdaemun. Under this agreement, Doosan Fuel Cell will provide the main fuel cell equipment and Long Term Service Agreement (LTSA) services. Seorabeol City Gas, a company based in Gyeongju, North Gyeongsang Province, will handle the supply of city gas in the region, support all related business infrastructure, and share LTSA responsibilities. GNC Energy, an eco-friendly energy company, will be in charge of business development, investment, and engineering, procurement, and construction (EPC) tasks.

Seungjun Lee, Head of Doosan Fuel Cell Division (second from left), is taking a commemorative photo with Junseok Kim, CEO of Seorabeol City Gas (third from left), and Byungchul Choi, Head of GNC Energy Division, at the business agreement ceremony on the 13th. Doosan

The three companies plan to establish small-scale power plants based on hydrogen fuel cells in regions that require both distributed power generation and city gas, aiming to provide integrated supplies of electricity, heat, and city gas. Through this initiative, they expect to reduce dependence on external power sources and build an energy welfare system optimized for local characteristics. Furthermore, they anticipate that energy costs will be reduced, ultimately enhancing energy self-sufficiency.

Doosan Fuel Cell plans to expand this business model nationwide to more than 30 city gas suppliers, starting with its collaboration with Seorabeol City Gas, thereby increasing business opportunities. In particular, by jointly performing some maintenance services with city gas companies, Doosan Fuel Cell aims to optimize local operating personnel and improve service quality.

Seungjun Lee, Head of Doosan Fuel Cell Division, said, "It is meaningful that each company, with its differentiated competitiveness, is collaborating to create synergies and enhance the energy self-sufficiency of local communities, making this a win-win business model for both companies and the community. Going forward, in addition to our existing orders, we will continue to develop business models that consider the unique characteristics of each region and expand our opportunities for new projects."