The number of global hydrogen production projects is growing rapidly

In recent years, with the maturity of technology and supply chain, the scale of water electrolysis hydrogen production projects is also expanding rapidly, and the number of hydrogen production projects around the world is increasing, especially in Asia Pacific, the Middle East, and Europe.
The region has also announced several key million-kilowatt water electrolysis hydrogen production projects, including China's Ningxia Baofeng solar water electrolysis hydrogen production project, Kazakhstan Investment Promotion Agency and Germany's Svevind Energy 30 million kilowatt green hydrogen project, Western Australia's green hydrogen project.
Energy Center 28 million kilowatt green hydrogen project
.

The number of planned projects has soared

According to Aurora Energy data, since April 2021, the number of global hydrogen production projects has increased by 36%, which is equivalent to an increase of 91.
4 million kilowatts of production capacity
.
Up to now, globally, the total installed capacity of the planned hydrogen production projects has reached 342.
9 million kilowatts
.

Solar energy, wind energy, or a combination of the two, is the preferred “power source” for electrolytic hydrogen production in most plans, with wind energy being the most popular, with 5.
4 million kilowatts of installed capacity announced since April
.
Most gigawatt-scale or larger commercial-scale hydrogen production projects will come on stream in or after 2025, and before that, most will be small pilot projects
.

According to the International Energy Agency (IEA), there are currently nearly 400 hydrogen production projects under construction around the world, which are expected to provide 8 million tons of hydrogen per year by 2030, and about 50,000 tons this year
.
Among them, the number of hydrogen production projects planned in Asia Pacific, the Middle East and Europe has increased significantly
.
In addition, China's hydrogen energy industry chain has gradually been rolled out, and more and more enterprises have carried out the layout of the entire industry chain of hydrogen production, hydrogen storage, hydrogenation, and hydrogen consumption, and have achieved a number of technological research and development and demonstration application results
.

At present, renewable energy hydrogen production projects have been put into operation all over China, and a large number of hydrogen refueling stations have been launched.
The research and development of hydrogen fuel cell vehicles has also made great progress, all of which have prompted China to become a large hydrogen producer and consumer country in the world
.
Relevant statistics show that by the end of 2020, Sinopec has carried out a total of 27 hydrogen refueling station pilot projects, distributed in Guangdong, Shanghai, Zhejiang, Guangxi and Guizhou and other places, and plans to use the original 30,000 gas stations, With the advantage of the layout of 870 refueling stations, 1,000 hydrogen refueling stations or combined oil and hydrogen stations will be built, and the energy transformation of the industrial chain will be driven by the consumption terminal as a breakthrough
.

The next 10 years is a critical period for development

The IEA pointed out that the global demand for hydrogen energy will double by 2030 and increase sixfold by 2050, playing an important role in decarbonizing heavy industries such as refining, steel, and transportation
.
It is estimated that by 2030, the currently planned hydrogen production projects are expected to produce 17 million tons of low-carbon hydrogen, of which 8 million tons are from electrolysis hydrogen production, and 9 million tons are from fossil fuels combined with CCS technology "blue hydrogen"
.

This means that the 10-year period from 2021 to 2030 will be a critical period for the success of low-carbon hydrogen and hydrogen-based fuels, which mainly depends on the ability to significantly reduce the cost of hydrogen production, transportation, storage and transportation
.

The IEA expects the combined market value of wind turbines, solar panels, lithium-ion batteries, electrolyzers and fuel cells to reach $27 trillion if net-zero emissions are achieved by 2050
.
According to the forecast of the China Hydrogen Energy Alliance, by 2025, the output value of China's hydrogen energy industry is expected to reach 1 trillion yuan.
The annual output value of the chain will reach 12 trillion yuan, which is undoubtedly a new growth pole leading economic development
.