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Hydrogen regulations
On February 4, 2020, the Korean National Assembly enacted the Hydrogen Economy Promotion and Safety Management Act (Hydrogen Act), which came into force on February 5, 2021.
In summary, the Hydrogen Act covers:
    •Establishment of a Hydrogen Economy Council tasked to define relevant strategies, policies and regulations on hydrogen at a national level
    •Supporting hydrogen companies through subsidies for R&D, commercialization processes, loans and tax exemptions
    •Supporting the development of hydrogen infrastructure
    •Ensuring the smooth transition towards a hydrogen economy through:
      •Training of personnel
      •Standardization of hydrogen products
      •Industry research
      •International and national cooperation to promote, distribute and ensure the safety of hydrogen
      •Creation of safety standa
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Hydrogen regulations