"Policy Support" & "Technical Progress" Dual Engine Drives the Development of Hydrogen Energy Industry
In 2019, hydrogen energy was first written into the "Government Work Report", and hydrogen energy was incorporated into the energy system. my country really started the first year of hydrogen energy development. According to the white paper, it is expected that by 2050, hydrogen energy will play an important role in China's energy system. It accounts for about 10%, the hydrogen demand is close to 60 million tons, the annual economic output value exceeds 10 trillion yuan, the national hydrogen refueling station has reached more than 10,000, and the annual output of fuel cell vehicles has reached 5.2 million.
The hydrogen energy industry chain is divided into hydrogen production, storage and transportation, hydrogen refueling stations, and hydrogen fuel cell applications. Compared with the lithium battery industry chain, the hydrogen energy and fuel cell industry chain is longer, the complexity is higher, and the theoretical economic value content is the highest. From the practical application of hydrogen energy, hydrogen fuel cell vehicles are the most effective way to efficiently utilize hydrogen energy. The current hydrogen energy industry chain has begun to take shape, and the performance of the fuel cell system has met the needs of commercialization. Commercial applications are still subject to economic and practical constraints. Therefore, policy support in the early stage of industrial development is particularly important. Under the policy support, the industry enters a virtuous internal cycle of scale-up-cost-reduction-market development. In addition, continuous technological progress will also feed back and solve the cost constraints of core technologies in each link and further improve Commercial competitiveness.
From the perspective of economic and technological progress, each link will be developed in stages to meet commercialization needs:
Hydrogen production industry: In the short term, industrial by-product hydrogen is preferred, in the medium term, fossil energy hydrogen production combined with carbon capture technology is used, and renewable energy water electrolysis is used for long term hydrogen production;
Hydrogen energy storage and transportation: According to the technical development direction of "low pressure to high pressure" and "gaseous to multiphase", the storage and transportation capacity of hydrogen will be gradually improved;
Fuel cell system: will continue to develop around the four elements of power, performance, life, and cost. Specific applications are concentrated in the field of transportation, starting from commercial vehicles and following up with passenger vehicles.