KOGAS
KOGAS was designated as the exclusive hydrogen distribution institution in July 2020 through a government tender, and is operating a hydrogen distribution center since February 2021 to stabilize hydrogen prices, revitalize transactions, and establish clear trading system. The hydrogen distribution center is intended to perform the following roles to establish an efficient and stable hydrogen distribution system.
1. Distribution and Trading
As there is a need for a systematic trading system for the hydrogen market, we are working to promote hydrogen trading by establishing a trading system that provides contracts, orders, and settlements.
2. Maintenance of Fair Price
We contribute to the stabilization of hydrogen prices by promoting various projects and supporting policy development to ease the initial investment fund burden of the hydrogen distribution market and ensure its sustainable growth.
3. Collection and Provision of Operational Information
We will take the lead in creating a fair market and minimizing inconveniences for hydrogen vehicle users by operating a smartphone application(Hying) that provides hydrogen station operation information such as the number of waiting vehicles and sales prices in real time.
4. Supply and Demand Management
We are establishing a mid- to long-term hydrogen supply and demand plan that considers vitalization of hydrogen trading and stabilizing supply and demand in case of facility inspections and outages. In addition, we are striving to stabilize hydrogen supply and demand through a close cooperation system among stakeholders in the hydrogen market.
5. Advancement of Hydrogen Distribution System
In preparation for the expansion of hydrogen demand types such as industrial and power generation and the diversification of distribution methods, we aim to upgrade the hydrogen distribution system by improving the hydrogen market operation method and establishing an fair hydrogen price system.
6. Establishment of Fair Distribution
We will promote fair distribution by confirming quantities in the hydrogen distribution process, and by monitoring for prohibited conduct.