The industry is hotly discussing that the green hydrogen cost of the trillion-yuan hydrogen energy track can be reduced in the future

Under the background of the energy revolution, the development of green renewable energy has been paid more and more attention
.
During the 2022 annual meeting of the Boao Forum for Asia, the sub-forum "Building Supply and Demand for Green Hydrogen Energy" became the focus of attention
.

"It is the consensus of the world to vigorously develop renewable energy, and hydrogen energy plays an irreplaceable role in connecting renewable energy storage and regulating energy
.
" Deng Jianling, general manager of China Huaneng Group Co.
, Ltd.
, said at the forum.
The hydrogen industry is a very promising industry, which will bring huge business opportunities to future economic transformation and development
.

Explore business opportunities in the hydrogen energy industry

"The green hydrogen industry in China may have an output value of 3 trillion yuan to be tapped and developed.
From convenient production, transportation and storage, commercial development and utilization to the realization of liquid hydrogen products in the future, it will bring great benefits to our investment in the development of zero-carbon and low-carbon energy.
Huge opportunity
.
" Deng Jianling said
.

According to the forecast of the China Hydrogen Energy Alliance, by 2025, the output value of China's hydrogen energy industry will reach 1 trillion yuan.
By 2050, the hydrogen demand will be close to 60 million tons, and the carbon dioxide emission reduction will be about 700 million tons.
The energy system accounts for more than 10%, and the annual output value of the industrial chain reaches 12 trillion yuan, becoming a new growth pole leading economic development
.

"The hydrogen energy industry chain involves many links and application scenarios, and the development space is broad
.
" Sun Wei, general manager of Baoguang Lianyue Hydrogen Energy Development Co.
, Ltd.
, said in an interview with a reporter from "Securities Daily" that in carbon peak, carbon neutral Driven by the goals and objectives, China's hydrogen energy industry is entering the fast lane of development, and hydrogen energy industry plans have been released in many places to accelerate the layout of the hydrogen energy industry
.

The trillion-yuan hydrogen energy track has attracted much attention, and many companies have also begun to deploy quickly
.
"Securities Daily" reporters checked the announcements of listed companies and investor interaction platforms and found that more than 100 listed companies have announced their involvement in the hydrogen industry chain
.

"In the new energy system, green hydrogen energy will play a very important role, and it is also a very good energy storage medium, which can effectively smooth the volatility of renewable energy and provide some balance
.
" Chief Executive Officer of Envision Technology Group Guan Zhang Lei said at the forum that Envision and FMG intend to develop and realize 10 million tons of hydrogen energy together in the next 10 years
.

Multiple pain points to be solved

While all parties speed up the layout, some "pain points" faced by the development of the hydrogen energy industry have also attracted attention
.
Among them, reducing the cost of hydrogen production is an inescapable topic
.

Liu Jimao, assistant to the president of Xingchu Century Technology Co.
, Ltd.
, told the "Securities Daily" reporter that the use of renewable energy to produce hydrogen by electrolysis of water is the process with the lowest carbon emission among many hydrogen source solutions
.

Zhang Lei said that the hydrogen production cost of more than 10 yuan per kilogram of green hydrogen has been achieved, and the cost will only be lower in the future
.

In Liu Jimao's view, photovoltaic hydrogen production is an important direction in the future.
Its raw materials are solar energy and water.
As long as the electricity price is cheap enough, the cost may be lower than coal hydrogen production, so it has good economics
.

In addition, Zhang Lei said that the current pain points in the development of hydrogen energy also include hydrogen storage, transportation, downstream applications and pipeline hydrogenation, which is a long process
.

In terms of storage and transportation, Sun Wei said that 20MPa gaseous high-pressure hydrogen storage and long-tube trailer transportation are widely used in China, and the cost is about 20 yuan/kg, accounting for half of the hydrogen terminal consumption price
.
However, gaseous transportation has low hydrogen storage density and high compression energy consumption, and is only suitable for hydrogen refueling stations with a daily demand below 300 kg and a short transportation distance
.
With the expansion of the scale of domestic hydrogen use and the extension of transportation distance in the future, only 50MPa gaseous high-pressure hydrogen storage or liquid hydrogen transportation can meet the requirements of high efficiency and economy
.

From the perspective of the industry, hydrogen production must achieve coordinated and integrated development with storage, transportation, and hydrogen use
.
Qi Haishen, president of Beijing Teyi Sunshine New Energy Technology Co.
, Ltd.
, told the "Securities Daily" reporter, "First, the energy density of hydrogen long-pipe storage and transportation is low, and the transportation radius is preferably within 200 kilometers, otherwise the cost is too high; second It is a matter of the simultaneous development of the number of hydrogen refueling stations and the number and volume of hydrogen-using main bodies.
It is very important to facilitate and fast hydrogen refueling, otherwise the commercial operation will be under great pressure
.
”