Hydrogen to enable faster CO₂ reductions in China – IEA
Total hydrogen demand increases to 31mn t/yr by 2030 and 90mn t/yr by 2060 under latest scenario
Accelerating hydrogen deployment in China would help the country go beyond its current decarbonisation commitments and increase the world’s chances of limiting the rise in global temperatures to 1.5 °C, according to a new IEA report. China currently has a target to peak its emissions before 2030 and achieve carbon neutrality by 2060. The country is already exploring decarbonisation through hydrogen. Sinopec plans to deploy 1,000 hydrogen refuelling stations by 2025, while the federal and state government are looking to assign five hydrogen demonstration regions. While China has no current target for electrolyser deployment, 18MW of capacity has already been installed with a further 2GW under
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