Hydrogen production by electrolysis of water is the future development direction
10-04-2024
Hydrogen production by electrolysis of water is the future development direction
The "China Hydrogen Energy Development Report 2020" predicts that the energy conversion rates of alkaline
electrolyzers and PEM electrolyzers will reach 78% and 74% respectively, the scale of PEM electrolyzers will
account for 40%, and the equipment price will be reduced to 800~ 2,000 yuan/kW, and the price of alkaline
electrolyzers has dropped to 600~1,000 yuan/kW. By then, the proportion of hydrogen produced by electrolysis
of water will reach 70%, the installed capacity will exceed 500GW, and the market size will reach 700 billion yuan.
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