On August 23rd, the 9th Northeast Energy Economy Summit was held in Changchun, Jilin. Zhang Xiuling, Vice President of Trina Green Hydrogen, was invited to attend the summit and delivered a keynote speech, discussing with industry experts on site the optimization ideas of green hydrogen LCOH.

The development of the hydrogen energy industry is due to the prosperity of new energy, especially the photovoltaic industry, and the continuous decline in the cost of renewable energy electricity, which has drawn a beautiful blueprint for the future of hydrogen energy. But currently, the biggest obstacle to industrial development is green hydrogen LCOH.

Zhang Xiuling stated in her keynote speech that hydrogen energy has broad application prospects and market potential, but currently the cost of green hydrogen is not competitive compared to gray hydrogen and blue hydrogen. There are many factors that affect green hydrogen LCOH, such as key equipment costs, electrolytic cell energy consumption, electrolysis efficiency, electricity prices, operating hours, etc. Through calculation and analysis, the impact of equipment costs, electrolytic cell energy consumption, and other factors on LCOH is not significant, while electricity prices and operating hours are the largest variables.

Trina's integrated solution for "solar hydrogen storage" can reduce LCOE through efficient photovoltaic modules and power station design; Reduce energy loss and complete energy scheduling through a fast response energy storage system; Flexible matching of fluctuating electricity for hydrogen production equipment with wide load safety and stability; The independently developed intelligent energy management platform calculates the optimal scheduling strategy through AI technology, adjusts the power generation and energy storage strategies based on weather conditions, equipment status, etc., to ensure the stable operation of the entire system, screens the optimal balance point between LCOE and hydrogen production equipment hours, and thereby reduces the LCOH of green hydrogen projects.

Based on the analysis of the current market and industry, the cost of green hydrogen is expected to reach less than 10 yuan in the future, and the potential for a decrease in LCOH is over 50%. Maximizing the use of clean electricity and the most efficient utilization of hydrogen production equipment, through an integrated solution of photovoltaic hydrogen storage and coordinated allocation, will become the breakthrough for the hydrogen energy industry.