Based on eco-friendly energy technologies, SK ecoplant provides innovative, carbon-neutral solutions that solve global warming problems. In the fuel cell business, we established 'Bloom SK Fuel Cell', a domestic joint corporation, in January 2020 with Bloom Energy in the US, which has the highest efficiency fuel cell (SOFC) technology. This has enabled us to expand localization and secure LCOE competitiveness.
Through this, we intend to not only solidify our leading position in the domestic market, but also diversify the market overseas, including the United States, aiming to be the No. 1 global fuel cell company. At the same time, we are geared up for speedy advancement into the hydrogen industry ecosystem and preoccupying the hydrogen market.
In the renewable energy business, we are quick to securing domestic and overseas solar and offshore wind power assets. We intend to contribute to the realization of global carbon neutrality by providing carbon neutral solutions to domestic carbon credit compulsory allocation companies and RE100 participating companies.
SK ecoplant plans to actively promote social value-creating green renovation business that can contribute to stabilizing power supply and demand in underdeveloped countries and reducing carbon emissions.
* LCOE: Levelized Cost of Electricity (a measure of the average net present cost of electricity generation for a generating plant over its lifetime).