China prepares multi-pronged hydrogen strategy
The 14th Five-Year Plan is expected to set targets for advancing technology and production volumes, with the aim of reducing carbon emissions and costs
China is widely anticipated to unveil an official roadmap for developing a hydrogen economy later this year as part of its forthcoming 14th Five-Year Plan (FYP). Beijing is looking to build on its leading position in production volumes by catching up in the global race to lead hydrogen technology development. While Europe, Canada, Japan and South Korea have ramped up their plans to utilise hydrogen to support decarbonisation goals, a national hydrogen energy strategy for China remains conspicuous by its absence. The release of the 14th FYP this year is expected to shape the near-term outlook of China’s hydrogen economy and will likely include specific targets for the fledgling sector. Chines
Also in this section
3 May 2024
Australia’s Fortescue and France’s EDF Renewables among the successful bidders as second-round auction draws green hydrogen projects worth about $11b
1 May 2024
High costs and uncertainty over offtake agreements are delaying project investment decisions, according to Aurora Energy Research
1 May 2024
Low clearing prices in first European Hydrogen Bank auction reflect fierce competition for green hydrogen subsidies and buyers’ willingness to pay premium
1 May 2024
Japanese company launches test module at Takasago Hydrogen Park with aim to deploy megawatt-scale demonstration project of electrolyser technology