FiveT Hydrogen AG’s Post

China already accounted for 60% of global electrolyzer shipments in 2022 and 2023 before naming the advancement of the hydrogen sector as "one of the nation's fundamental industrial tasks this year". New targets are centered around getting fuel cell vehicles on the road but this push will likely have a positive effect on the green energy industry as a whole by incentivizing the development of lower cost and higher efficiency technologies in hydrogen electrolysis, storage, and transportation. https://lnkd.in/eRc7qaiH

The hydrogen industry in China is maturing very fast. This is a conclusion from our Regional President Yaowen Wang after attending and presenting at last week’s FCVC Congress & Exhibition in Shanghai. Read his full post-show reflection. #Hydrogen #China #FuelCells #Electrolysis

China is rapidly advancing its hydrogen economy, aiming for hydrogen-powered trucks to match diesel ones in cost by 2027, a feat eight years ahead of Europe. Robin Lin, chairman of REFIRE Group, a key hydrogen technology supplier, underscores China's shift from policy-driven to market-driven hydrogen adoption. With significant cost reductions in hydrogen fuel cell systems, China is poised to dominate the transport sector's hydrogen market. Despite higher upfront costs, hydrogen trucks are expected to reach cost parity by 2027, spurring adoption. As global hydrogen consumption rises, China could command half the market by 2027, aided by competitive hydrogen prices and robust infrastructure. This shift signals China's commitment to carbon neutrality and sustainable growth. #Hydrogen #Decarbonisation #CarbonNeutrality #Sustainability #Energy I South China Morning Post SCMP I Yujie Xue

Hydrogen-powered heavy-duty trucks, which sometimes cost over RMB1 million, could reach life-cycle cost parity with diesel trucks in China by 2027, a milestone which the world’s biggest producer and consumer of the zero-emission energy source, seeks to achieve eight years ahead of Europe. This will push forward the country’s ambition to dominate the market for hydrogen fuel cells in the transport sector as Beijing’s enabling environment starts paying off, said Robin Lin, chairman and president of Refire Group, a Chinese supplier of hydrogen fuel cell technologies. https://lnkd.in/gyPxpkGt South China Morning Post SCMP #hydrogen #energytransition #transportation #climatechange #cleanenergy

📊 ICS Predicts Over 400 Hydrogen Carriers Needed by 2050 ✅ The International Chamber of Shipping(ICS) has released a report on global hydrogen demand up to 2050, identifying South Korea, Japan, and Europe as initial key markets. The report indicates that up to 411 new hydrogen vessels will be needed to meet an annual demand of 30 million tonnes of green hydrogen. ✅ Guy Platten, Secretary-General of the ICS, stated that to achieve the net-zero emission target by 2050, demand for hydrogen-based fuels must increase fivefold from current levels. The industry will lead hydrogen demand, and the shipping sector can play a crucial role in fostering the hydrogen economy. ✅ Currently, the only liquid hydrogen carrier in the world, the Suiso Frontier, has a 1,250 m³ storage tank. Many companies are working on developing larger capacity designs for fuel transported at -253°C. #Container #Shipping #Maritime #ContainerShipping #ContainerMarket #OceanFreight #Capacity #Logistics #Transit #Sustainability #SustainabilityManagement #NetZero #EnvironmentalRegulation #ICS #InternationalChamberofShipping https://lnkd.in/dS8GsHxM

🌏 Did you know that China is not only the world's largest producer of hydrogen but also its biggest consumer? The latest Global Hydrogen Review by the International Energy Agency (IEA) reports that China accounts for 35% of global industrial hydrogen applications. 🏆 China's leadership in the hydrogen market is driven by: - Strong policy support - Record-breaking investments in renewable energy - High local demand to meet the climate goals 💡 For Swiss companies, this presents numerous business opportunities. Want to learn more? 👉 Read the recently updated report on China's hydrogen economy by Switzerland Global Enterprise: https://lnkd.in/eR6bTJCx 🌟 Join us on our Hydrogen Fact Finding Mission to China from February 23-27, 2025, to gain firsthand insights and make valuable connections. 🤝 Contact our China consultants, Daniel Bont and Alain Graf, to discuss how Switzerland Global Enterprise can help you strategically enter and succeed in this dynamic market. #HydrogenEconomy #ChinaBusiness #SwissInnovation #RenewableEnergy #MarketOpportunities #swissmade #Hydrogen #H2 #marketentry #factfindingmission Switzerland Innovation Joel Saurina Kuno Gschwend 施万德 Susi Wang Viktor Vogt Sunny Wang Leo Peng Jiabin Gao Xingqiao Du Swissmem Daisy Yuanyuan Cao

China and the West: The Next Phase in the Hydrogen Hype Cycle The hydrogen energy landscape is shifting, with China taking a lead in manufacturing key components like electrolysers, critical to green hydrogen production. Western countries are facing challenges like regulatory uncertainty, inflation, and high costs that have slowed progress, but investors still see potential, especially in heavy industries. While some believe Western electrolyser manufacturers, like Sunfire, can surpass China in innovation and efficiency, others argue that China’s cost-effective and rapid production will dominate the global supply chain. Pierre-Etienne Franc, CEO of Hy24, highlights that China’s electrolysers are the highest quality and most affordable globally. He adds, “If you want to avoid relocating your steel industry to China, you’d better keep it in Europe by getting access to the cheapest equipment.” This underscores the balancing act between cost and innovation that Western countries face as they seek to compete with China’s scale and affordability. Franc also predicts that the global supply of hydrogen production equipment will grow 50 to 100 times in the next 10 to 15 years, signaling immense growth potential. Despite the downturn in hydrogen investment since 2021, opportunities remain, but much depends on balancing innovation with cost efficiency, especially as China continues to fuel demand with affordable solutions. Collaboration between industries and governments in the West is essential for driving long-term investor confidence. #Hydrogen #GreenEnergy #Investment #ClimateChange #Innovation #EnergyTransition #China #Electrolyzers #Sustainability #H2

Researchers at the RIKEN Center for Sustainable Resource Science (CSRS) in Japan have recently achieved a significant milestone in the realm of hydrogen fuel production. Their breakthrough involves the integration of manganese with iridium, a metal that has long been known for its rarity and high cost in hydrogen production processes. By doing so, they've managed to slash iridium usage by a staggering 95%. This development directly tackles the challenge posed by the scarcity of iridium, consequently rendering the production of hydrogen fuel much more cost-effective. It's a promising step forward in the quest for sustainable energy solutions. Looking ahead, this innovation holds the potential to revolutionize the energy landscape by fostering widespread adoption of hydrogen fuel. Such a shift could substantially mitigate our reliance on carbon-based fuels, harnessing abundant resources like water in the process. #japan #hydrogen #fuelcell https://lnkd.in/gVQ_WbfG

The International Chamber of Shipping (ICS) has unveiled a comprehensive report forecasting global hydrogen demand by 2050. South Korea, Japan, and Europe are poised to lead the initial markets for hydrogen. The report underscores that to satisfy a modest 30 million tonnes of annual global green hydrogen demand, the world would need up to 411 new hydrogen vessels, or up to 500 vessels if transported as ammonia. This demand equates to the yearly electricity production of South and Central America combined. Guy Platten, ICS secretary-general, emphasized that to maintain the net-zero by 2050 goal, hydrogen-based fuel sources must scale fivefold, reaching approximately 500 million tonnes from 2030 to 2050. The report also highlights the significant variability in potential demand, with industry dominating the hydrogen demand, while shipping can play a pivotal role as an enabler of the hydrogen economy. Presently, the Suiso Frontier is the only trading liquid hydrogen carrier globally, equipped with a 1,250 cu m vacuum-insulated, Type C storage tank, with efforts underway globally to develop larger capacity designs for fuel transported at -253°C. . . Reference: https://lnkd.in/dS8GsHxM . #HydrogenEconomy #GreenEnergy #SustainableShipping #NetZero2050 #HydrogenDemand #HydrogenVessels #RenewableEnergy #HydrogenFuture #CleanEnergy #ICSReport #GlobalHydrogen #EnergyTransition #ClimateGoals #HydrogenFuel #SustainableFuture #Decarbonization #ShippingIndustry #EnergyInnovation #HydrogenInfrastructure #EnvironmentalSustainability #ClimateAction

China’s Hydrogen Infrastructure: Recent Status and Insights By the end of June 2024, China has 426 operational hydrogen stations, including both fixed and mobile facilities. Notably, 19 new hydrogen refueling stations were established in the first half of 2024 alone. (Source: Hydrogen Energy Industry Promotion Association) Guangdong Province leads the nation with 68 stations, followed by Shandong, Hebei, Jiangsu, Hubei, Zhejiang, Shanxi, and Henan, each with more than 20 stations. Meanwhile, Beijing, Shanghai, Sichuan, Anhui, Liaoning, Inner Mongolia, and Chongqing each host between 10 and 20 stations, while the remaining provinces and cities have fewer than 10. Recent research and observations by Shentou Hydrogen highlight a steady shift in China's hydrogen market strategy. Initially, the infrastructure primarily supported smaller stations catering to passenger cars. However, the focus has now shifted toward larger hydrogen refueling stations (HRS) with a daily capacity of at least 2 tons of hydrogen. These stations, designed to be more economically viable and to drive the industrialization of hydrogen, specifically serve commercial vehicle fleets like H2 trucks or buses, particularly in concentrated industrial hubs where hydrogen supply and demand are substantial. #HydrogenEnergy #GreenEnergy #Innovation #Hydrogen #ShentouGroup #ChinaHydrogen #HydrogeninChina