China hydrogen energy and fuel cell development sees 700% growth

China hydrogen energy and fuel cell development sees 700% growth

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As the major application of hydrogen energy and fuel cell in China, hydrogen fuel cell vehicle production and sales in the country have increased considerably. 

According to data released by the Power Battery Application Branch of the China Chemical and Physical Power Industry Association on August 27, between January-July this year, China's hydrogen fuel cell installed capacity reached 46MW, a nearly seven-fold year-on-year (YoY) increase from the 6MW installed in 2018. At the same time, due to many favorable policies, hydrogen energy industry-related investments have demonstrated a rapid development momentum throughout the country in 2019.

By the end of July, the production and sales of hydrogen fuel cell vehicles was 1,176 and 1,106 respectively, a growth of nine and ten times from the same time last year. It is worth noting that so far China's hydrogen fuel cell vehicles are focused mainly on buses and special vehicles, with 60% of the installed capacity going to special vehicles. (Sohu)

In June this year, the China Hydrogen Energy Alliance released the White Paper on China's Hydrogen Energy and Fuel Cell Industry, which emphasized hydrogen energy’s increasingly important role in China's energy system, expected to account for at least 10% of China's end-use energy system by 2050, with 1.6 million fuel cell commercial vehicles holding 37% market share and fuel cell passenger vehicles holding 14% by 2050. In the meantime, we can observe this trend with hydrogen demand close to 60 million tons today.