势银研究 | 最新国家政策对绿氢产业的关键影响解读

Core Viewpoint - The recent policies released by national authorities regarding renewable energy consumption and voluntary greenhouse gas reduction are expected to create a strong synergistic effect, promoting the development of China's green hydrogen industry [2][9]. Group 1: Policy Overview - The "Minimum Proportion Target for Renewable Energy Consumption" establishes a mandatory minimum proportion target for renewable energy consumption, including non-electric renewable energy consumption such as hydrogen production [4][5]. - Key energy-intensive industries, such as steel and chemicals, will likely need to procure or produce green hydrogen to meet regulatory requirements, thus creating a rigid market demand for green hydrogen [4][5]. Group 2: Demand-Side and Supply-Side Dynamics - The demand-side policy aims to create a strong market pull for green hydrogen by integrating it into a mandatory assessment system for energy consumption [4][5]. - The supply-side policy, through the "Voluntary Greenhouse Gas Reduction Project Methodology," provides a framework for quantifying the carbon reduction benefits of green hydrogen production, enhancing its economic viability [7][9]. Group 3: Economic Implications - The new policies will allow green hydrogen projects to generate additional revenue through carbon asset benefits, which can help offset the high production costs associated with green hydrogen [7][9]. - The combination of mandatory market demand and carbon value benefits is expected to accelerate the growth of China's green hydrogen industry, contributing to a cleaner and more efficient energy system [9].