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Chinese firm to boost achieve future hydrogen self-sufficiency goal by 2050
Last Updated: 2024-03-28 17:26 | CE.cn
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By Wu Siya
 
BEIJING, Mar. 28 (China Economic Net) – “It is predicted that international hydrogen energy trade will begin to take shape in 2030, then form a fixed global trade network by 2050. In view of China’s huge domestic supply and demand market, it is very likely to achieve basic self-sufficiency in hydrogen energy by then.” 
 
On March 26, Steven Libbrecht, Executive Director of the World Hydrogen Council made the above remarks at the ongoing Clean Energy Expo China 2024 (CEEC2024). Libbrecht pointed out that by 2050, China’s annual hydrogen demand will reach about 80 million tons, of which 70 million tons could be supplied domestically, with the rest from imports. “In addition, there are about 1,100 hydrogen refueling stations being deployed around the globe, 350 of which were in China, according to our 2023 statistics. Last week, when we visited a member company in the country, the person in charge told us this number has mushroomed to about 420. Certainly, it’s still growing.”
 
Steven Libbrecht made a keynote speech at CEEC2024 [Photo provided to CEN]
 
Such achievements are naturally inseparable from the rocket-like exploration of Chinese enterprises in the field of hydrogen. “Our green electricity + green hydrogen mode has withstood the test of time and environment,” a staff member of green hydrogen provider LONGi Hydrogen told China Economic Network. “ALK Hi1 series products can operate stably for 380 minutes under 30% low load conditions, with the hydrogen content in oxygen is less than 1.5%. At 4000A/m2 power density, the energy consumption is less than 4.25kwh/Nm3. In the long-cycle electrolyzer test, the LHy-LA1000 product has continuously and stably operated for more than 12,000 hours, which shows that our hydrogen production equipment has reached world-class performance.”
 
“Not only that, our four-to-one hydrogen production system model on display this time includes four alkaline electrolyzers correspond to one gas-liquid seperation and purification skids, thereby improving production efficiency and reducing energy consumption and floor space, by which achieve large-scale, low-cost green hydrogen production through electrolysis of water.”
 
Global audiences show interest in Chinese green hydrogen products [Photo provided to CEN]
 
The Sinopec Green Refining Project, located in the vast northwest China, is currently the world’s largest photovoltaic green hydrogen production project. The green electricity produced by more than 500,000 PV panels is continuously turned into green hydrogen, which could replace the natural gas used in refining to produce hydrogen. “This project can produce 20,000 tons of green hydrogen per year, and we have provided it with core equipment including 16 sets of 1,000Nm3/h alkaline water electrolyzers,” Ma Jun, President of Longi Hydrogen, mentioned in previous interview.
 
According to the China Hydrogen Alliance, by 2050, hydrogen energy will account for more than 10% of China’s terminal energy system, as well as the annual output value of the industry chain will reach 12 trillion yuan. In the long term (about 2060), more than 75% of domestic hydrogen supply will come from green hydrogen. Libbrecht pointed out that China will transport the produced hydrogen energy from the resource-rich central and western regions to the eastern regions through pipeline network under construction, and the trade in derivatives such as synthetic ammonia will gradually increase as well. In terms of equipment, China’s existing electrolyzers account for more than half of the world’s production capacity. Globally, the announced capacity of electrolyzer projects is 12GW, in which China contributed 7GW. 

(Editor:Liao Yifan)

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Chinese firm to boost achieve future hydrogen self-sufficiency goal by 2050
Source:CE.cn | 2024-03-28 17:26