Core Viewpoint - The hydrogen energy industry in China is transitioning from pilot exploration to an orderly breakthrough phase, driven by the new energy security strategy of "four revolutions and one cooperation" [1] Group 1: Production and Consumption Scale - China is projected to have a hydrogen production capacity exceeding 50 million tons in 2024, maintaining the world's largest production and consumption scale [2] - Fossil fuel-based hydrogen production remains dominant, with coal-based hydrogen production at approximately 20.7 million tons (up 6.7% year-on-year), while natural gas-based hydrogen production is around 7.6 million tons (down 4.4% year-on-year) [2] - The main hydrogen consumption sectors include synthetic methanol and ammonia, accounting for 27% and 26% of total consumption, respectively [2] Group 2: Renewable Energy and Electrolysis - The development of renewable energy electrolysis for hydrogen production is accelerating, with 35 new projects expected in 2024, adding about 48,000 tons of capacity (up 62% year-on-year) [3] - By the end of 2024, over 90 projects will be completed, primarily in North and Northwest China, which account for 45% and 44% of the total capacity, respectively [3] Group 3: Market Pricing Trends - Hydrogen production prices are declining, with the average production price dropping to below 30 yuan per kilogram and consumption price below 52 yuan per kilogram in 2024 [4] - By December 2024, production prices fell to 28 yuan per kilogram (down 15.6% year-on-year), while consumption prices decreased to 48.6 yuan per kilogram (down 13.7% year-on-year) [4] Group 4: Technological Advancements and Applications - Key technological breakthroughs in hydrogen production, storage, and transportation are being achieved, including the commercial operation of large-scale electrolysis systems and hydrogen storage solutions [5][6] - Industrial applications are expanding, with projects integrating renewable hydrogen into traditional coal-based processes and new hydrogen applications in metallurgy and energy supply [6] Group 5: International Cooperation and Future Outlook - Chinese companies are signing cooperation agreements with countries like Germany and Saudi Arabia to explore renewable hydrogen projects, contributing to global energy transition [6] - 2025 is identified as a critical year for China's hydrogen industry to achieve economic viability and scale, necessitating enhanced policy support and infrastructure development [7]
氢能：从试点探索到有序破局
Zhong Guo Hua Gong Bao·2025-05-21 02:26