China to Enhance Support for Low-Carbon Hydrogen Development by 2025

Economy

1 year ago

News sources:

Credited from: SCMP

China is set to bolster support for low-carbon hydrogen as part of a national decarbonisation initiative, aiming to meet rising demand from industrial, shipping, and aviation sectors.
The Ministry of Industry and Information Technology and other agencies have launched a plan to integrate more hydrogen use in industrial processes to cut emissions.
Companies are encouraged to invest in green methanol and ammonia, with goals for increased deployment of hydrogen fuel cell vehicles and hydrogen-powered transport by 2027.
The new Energy Law allows hydrogen to be treated as an energy resource, reducing restrictions on its production and storage, thus promoting investment in the sector.
China leads globally in green hydrogen production, with expectations for further development amidst evolving international market dynamics.

For more details, visit the original article: South China Morning Post.