Six major future industries hydrogen energy storage

Is hydrogen energy a future industry in China?

In the case of hydrogen energy, policymakers have listed it as a frontier area and one of China's six major future industries, integrating its development into the 14th Five-Year Plan (2021-25) and the medium- and long-term plan for hydrogen energy industry (2021-35).

What is a hydrogen-based chemical energy storage system?

A hydrogen-based chemical energy storage system encompasses hydrogen production, hydrogen storage and transportation, and power production using hydrogen as a fuel input21. (See Exhibit 12.) The application of HESS centers around the energy conversion between hydrogen and other power sources, especially electricity.

How will China develop a hydrogen industry in 2035?

China envisions a reasonable and orderly industrial layout and wide use of hydrogen production to facilitate carbon peaking. By 2035, China targets to form a comprehensive hydrogen industry with diversified use cases covering transportation, energy storage, industrials, etc.

What is the future of hydrogen?

The future of hydrogen appears bright because of continued scientific improvements, expanding infrastructure for production and delivery, integrating hydrogen with renewable energy sources, and international cooperation. These initiatives are essential to achieve the full potential of hydrogen as a flexible and sustainable energy source.

What is China's plan for the development of hydrogen energy industry?

In March 2022, Chinese authorities issued the Medium- and Long-Term Plan for the Develop-ment of the Hydrogen Energy Industry (2021–2035) (hereinafter referred to as “Plan”).

What is hydrogen-fueled transportation?

With continuous technology breakthroughs and business model innovations, hydrogen-fueled transportation serves as the “leading” application of green hydrogen by connecting the processes in the hydrogen industry chain and boosting the development of the whole hydrogen ecosystem. Hydrogen as an energy carrier is the most promising application.