According to hydrogen industry development plan estimates for 2025, Shandong’s hydrogen energy industry is expected to reach CNY 100 billion.
Shandong’s hydrogen industry development is separated in 3 stages:
- Initial stage (2020-2022): Hydrogen industrial development system is gradually established.
- Accelerated stage (2023-2025): Hydrogen industrial chain is completed and core technology has reached advanced international levels.
- Final stage (2026-2030): The comprehensive index of key technologies has reached advanced international levels.