Hydrogen Economy Promotion and Hydrogen Safety Management Act.

This Act is enacted to contribute to the development of the national economy and securing public safety by establishing a foundation for promoting the implementation of the hydrogen economy, promoting systematic development of the hydrogen industry, and establishing matters related to the safety management of hydrogen. The Act makes provisions for hydrogen equipment safety requirements, certification processes and the roles and responsibilities of various government agencies.
Article 6 creates the Hydrogen Economy Committee under leadership of the Prime Minister.The Minister of Energy has the authority to require one of the following organisations to submit a plan for the establishment of a fuel cell supply facility: central or regional governments; public institutions; regional state enterprises; and any other organisations determined by the Ministry of Energy. There is a general requirement to obtain a licence to apply for the establishment of a fuel cell supply facility pursuant to the Act. Pursuant to Article 36 of the Act, companies wishing to produce hydrogen fuel cells or hydrogen related components must receive approval from the local district authority. In particular, foreign companies (or South Korean companies based abroad) that wish to export hydrogen fuel cell related components into South Korea must register their business with the Ministry of Energy, pursuant to Article 38 of the Act.