South Korea’s state-run Korea Electric Power Corp. (KEPCO) and Saudi Aramco have signed a Memorandum of Understanding (MOU) to do joint research on a potential partnership in investment, production, transportation, storage, and sale of blue hydrogen and blue ammonia, according to a Bloomberg report.
KEPCO will also work with Saudi Electric Co. and ACWA Power to jointly look into ways to lower CO2 emissions via displacing oil-based power generators in Saudi Arabia
Separately, KEPCO will also form a team dedicated to winning a nuclear project in Saudi Arabia.