No Panic At The Pumps … South Koreans Just Stop Driving On Wednesdays
The title of this post, is the same as that of this article on The Times.
This is the sub-heading.
President Lee Jae-myung has urged the public to ‘save every drop of fuel’ and introduced a number-plate rotation to keep drivers off the road
These first three paragraphs deeply illustrate the differences between the energy situation in North and South Korea.
From the lookout point atop Mount Dora, in the heart of the demilitarised zone that has separated the peninsula since 1953, you can clearly see where South Korea ends and North Korea begins.
The trees that proliferate across Korea’s undulating topography come to an abrupt halt. On the land that sits beyond, a farmer can be seen guiding an ox pulling a plough.
Sealed off from the world economy for 73 years, communist North Korea has resorted to cutting down much of its vegetation to burn for fuel. Democratic South Korea, by contrast, has established deep global trading ties that allow the country to import vital natural resources it cannot produce domestically.
North Korean communism certainly can’t be considered green.
I find these two paragraphs extremely significant.
South Korea may have to import almost all of its crude oil, but the country plays a huge role in refining it into petrol, diesel and jet fuel before shipping it around the world. This means that demand from overseas for Korea’s refined products is greater than ever, which has forced the government to step in. The country’s Ministry of Trade, Industry and Energy has implemented mandatory caps on refined petroleum products.
Of all South Korea’s refined products, kerosene, or jet fuel, is the most in demand. The country is one of the biggest exporters of jet fuel in the world. The US, for instance, relies on it for 70 per cent of its total jet fuel imports.
They could also be problematical for the country, as they will surely need to replace these jet fuel exports with exports of sustainable aviation fuel (SAF).
Most viable processes, that I’ve seen need the following ingredients.
- Lots of hydrogen or masses of GWhs of electricity to make it.
- Some carbon atoms, which can even be captured from the air or a gas-fired power station.
- Some form of Fischer-Tropsch process to force the atoms to make sustainable aviation fuel.
There are several companies that can do this, with British ones seeming to often to be connected to Oxford University.
There is also this Anglo-Korean connection over hydrogen.
I asked Google AI, who are investors in innovative hydrogen production company; HiiROC, which is a spin-out of the University of Hull, and received this answer.
HiiROC, a UK-based developer of “turquoise” hydrogen technology, is backed by a consortium of major industrial and financial players, including Centrica, Melrose Industries, HydrogenOne Capital Growth, Hyundai, Kia, Wintershall Dea, VNG, and Cemex Ventures. The company has raised over £40 million to develop its thermal plasma electrolysis technology.
Note the presence of two of the biggest Korean companies ; Hyundai and Kia.
HiiROC is also five times more efficient than traditional electrolysis.
Google AI says this about South Korean offshore wind.
South Korea is aggressively developing its offshore wind sector, targeting 14.3 GW to 15 GW of installed capacity by 2030, with over 116 projects and 44 GW of capacity under development. The country aims for a 2030 renewable energy share of 20-30%, leveraging floating technology for massive projects like the 3.2 GW Jindo project.
It appears to me, that South Korea will replace their market share of the jet fuel market with sustainable aviation fuel (SAF).
I’m also sure, that if the Koreans need to produce more hydrogen to make more SAF to power the world’s aircraft, Centrica will help them to rent some of our empty seas.
I can see the Koreans, with a little help from their friends, including the UK, dominating the SAF market.
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The Anonymous Widower 
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