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Since 2003, POSCO has been examining the feasibility of fuel cell business with an aim to achieve our second great success in the energy field after the first one in the steel industry.

Currently, the world is heavily relying on the energy system that is focused on thermal power and atomic energy, and this reliance put the existence of our next generation in danger due to the threat posed to the environment. With the determination that innovative source of energy, hydrogen-based fuel cell, will contribute to achieving a brighter future for the humankind as the highly efficient, environment-friendly energy system, in February of 2007, POSCO began to actively promote energy business through one of our subsidiaries, POSCO Power.

Fuel cell has a spreading effect that can create a new market for industries for metal, electricity, electron and machinery, and related equipments.
Based on the mid/long-term roadmap for fuel energy business, POSCO is currently promoting active research, together with establishing the investment plans and expanding our facilities for the business. Further, POSCO is focused on expanding the market stratum through raising public awareness and public relations.

In the near future, POSCO Power will effectively respond to the shift in energy paradigm through fuel cell business by realizing the hydrogen-based energy society. POSCO Power will continue to quietly work hard until the day everyone in the world is able to freely enjoy high-quality green energy.
POSCO is established in 1968, and in 1998, it became the world¡¯s number one company for crude steel production. It is expanding its overseas production facilities with an aim to produce 50 million ton of crude steel. Furthermore, POSCO not only places its focus on economic effectiveness, but also on environment-friendly management.
POSCO Power started as Korea¡¯s first private power plant in 1972. In March 2006, it welcomed POSCO as its single shareholder and was reborn as POSCO Power. Since then, it has developed into the nation¡¯s biggest private power plant. POSCO Power will grow to be the world¡¯s best corporation in the energy field.