Under the goal of carbon peak and carbon neutrality, the hydrogen energy industry is accelerating its development, and the role of green hydrogen in carbon reduction is receiving attention. The scale of hydrogen production through electrolysis of water is constantly expanding. As an important green hydrogen production equipment, the technological development and cost advantages of electrolytic cells affect the large-scale development process of green hydrogen.
On June 1, 2022, 9 departments including the National Development and Reform Commission and the National Energy Administration jointly issued the "14th Five Year Plan for the Development of Renewable Energy", proposing to promote the large-scale utilization of renewable energy for hydrogen production and carry out large-scale demonstration of renewable energy for hydrogen production. In areas with low renewable energy generation costs and favorable conditions for the development of hydrogen energy storage and transmission industries, we will promote the industrialization of renewable energy generation and hydrogen production, and create a large-scale green hydrogen production base.
Under policy incentives, the development of China's green hydrogen industry continues to accelerate, driving a significant increase in market demand for electrolytic water hydrogen production industry. According to research conducted by GGII, the market demand for electrolytic water hydrogen production equipment in China is expected to reach 730 megawatts in 2022, nearly doubling compared to 2021. In this context, it is particularly crucial to produce green hydrogen on a large scale and at a low cost. This also puts forward higher requirements for the performance, efficiency, and reliability of hydrogen production equipment.
At present, there are three main types of hydrogen production technologies for electrolytic water: alkaline electrolytic water, proton exchange membrane (PEM) electrolytic water, and solid oxide electrolytic water. Among them, alkaline electrolytic water hydrogen production is currently the most mature electrolytic hydrogen production technology in China, which has obvious advantages in cost, lifespan, accuracy, and reliability.
According to the "China Hydrogen Energy and Fuel Cell Industry Development Report (2020)" and the "Renewable Hydrogen 100 Action Initiative", the installed capacity of renewable energy hydrogen production in China is expected to reach 100 gigawatts by 2030, and the scale of renewable energy hydrogen production will exceed 100 million tons by 2060. Among them, the alkaline electrolysis water hydrogen production system has entered the stage of commercial operation and is an important way to achieve large-scale hydrogen production from renewable energy.
According to Bloomberg New Energy Finance statistics, in 2021, global electrolytic cell shipments exceeded 458 megawatts, with alkaline electrolytic cell shipments accounting for nearly 70%, approximately 317 megawatts. It is expected that the global shipment volume of electrolytic cells will exceed 2 gigawatts by 2022, and the proportion of alkaline electrolytic cells will increase to around 75%.
Currently, driven by the "dual carbon" goal, various industries are accelerating their carbon reduction actions. In addition to transportation, the industrial sector with a huge demand for hydrogen has also begun to attach importance to the development of green hydrogen, which also means that green hydrogen has become an important direction for the transformation of traditional energy enterprises. The "Guiding Opinions on Promoting the High Quality Development of the Petrochemical and Chemical Industry during the 14th Five Year Plan" proposes to encourage petrochemical and chemical enterprises to develop and utilize green hydrogen in a reasonable and orderly manner according to local conditions, and promote the coupling demonstration of refining, coal chemical industry, green electricity, green hydrogen and other industries.
Driven by market demand, it is particularly crucial to produce green hydrogen on a large scale and at a low cost. The construction of large-scale photovoltaic and wind power will be a strong support for the large-scale application of green hydrogen in the future, and also a powerful measure to force traditional high energy consumption and carbon emission industries such as chemical industry to upgrade their industries. However, at the same time, the volatility of new energy power generation also puts forward higher requirements for the performance, stability, and reliability of hydrogen production equipment. With the continuous expansion of the deployment scale of electrolytic water hydrogen production, in order to meet the future demand for large-scale green hydrogen production, China's hydrogen production equipment needs to continuously improve in terms of cost, energy consumption, hydrogen production efficiency, and other technical aspects.
In this regard, Tianhe Yuanhydrogen has developed a new generation of alkaline electrolytic water hydrogen production electrolyzer, which has made breakthroughs in product hydrogen production efficiency, performance, and intelligence. On December 19th, Tianhe Yuanhydrogen will hold its first set of electrolytic cells offline ceremony in Changzhou. The offline alkaline electrolytic water hydrogen production electrolytic cells have significant advantages in terms of individual hydrogen production, energy consumption, comprehensive costs, and adaptability to renewable energy fluctuations. Its high-density and low energy consumption characteristics can achieve multi-dimensional energy integration, which is more in line with the development needs of green electricity. At the same time, the larger range of power fluctuations in hydrogen production capacity and intelligent management can achieve large-scale distributed utilization, especially in the application of large-scale photovoltaic and wind power conversion into hydrogen energy reserves.
Accelerating the cost reduction and efficiency increase of electrolytic water hydrogen production equipment, and continuously exploring the electrolytic water hydrogen production market are of great significance for the sustainable development of the hydrogen energy industry. Tianhe Yuanhydrogen will uphold the mission of promoting the energy revolution, assist in the development of the hydrogen energy economy, and continue to deepen its efforts in areas such as technological autonomy, hydrogen production efficiency, intelligence, and coupling of hydrogen production equipment with new energy.
Conference notice: In today's world, energy transformation, carbon peaking, and carbon neutrality have become hot topics. Hydrogen energy has become one of the most promising clean energy sources due to its advantages such as zero carbon emissions, high energy density, and wide application scenarios. Hydrogen energy, as an important solution for achieving decarbonization, plays an important role in achieving the beautiful vision of carbon neutrality.
Under the great changes in historical development, we invite you to witness the details of the development history of the hydrogen energy industry written by the participants. On December 19, 2022, the High Quality Development Forum of the Hydrogen Energy Industry and the Tianhe Yuan Hydrogen New Product Launch Conference will officially kick off. Let's gather in Changzhou, Jiangsu to jointly explore the current status and development trends of the hydrogen production industry, explore solutions to hydrogen development bottlenecks, hydrogen technology, applications, and cost reduction paths.
