In recent years, the policies of hydrogen energy industry have been favorable. The analysis points out that with the gradual maturity of hydrogen energy application technology and the increasing pressure of global response to climate change, the development of hydrogen energy industry has attracted much attention all over the world. With the acceleration of hydrogen energy industrialization, the development of the industry will be accelerated in an all-round way.
favorable policies continue to add hydrogen energy to listed companies
On December 14, Shanxi Meijin Energy Co.Ltd(000723) (000723. SZ) announced that in order to speed up the layout of the company's hydrogen energy industry chain, Qingdao Jiachuang, a wholly-owned subsidiary of the company, together with meijinmeihe and other investors, plans to jointly initiate the establishment of an equity investment fund of Hudson fund, with a total scale of 80 million yuan, of which meijinmeihe subscribed 59.99 million yuan as a limited partner, Qingdao Jiachuang, a wholly-owned subsidiary of the company, subscribed 10000 yuan as the general partner, executive partner and fund manager.
According to the data, Shanxi Meijin Energy Co.Ltd(000723) controls Feichi automobile, the largest hydrogen fuel cell commercial vehicle enterprise in South China, and mainly produces hydrogen fuel cell buses, van logistics vehicles, light, medium and heavy trucks and other commercial vehicles. Previously, on December 12, Shanxi Meijin Energy Co.Ltd(000723) Jinghui gas became the only hydrogen supplier for the Beijing Winter Olympics. It is reported that during the Winter Olympics, Jinghui gas will use 300 special hydrogen transport vehicles to provide hydrogen support services for the demonstration operation of hydrogen fuel cell buses for the Winter Olympics.
On the same day, Hongda Xingye Co.Ltd(002002) (002002. SZ) announced that Wuhai chemical, a wholly-owned subsidiary of the company, signed the hydrogen supply and marketing contract with jincaitelai company, and Wuhai chemical provided hydrogen supply services for jincaitelai company, with a contract amount of 70 million yuan. It is reported that Hongda Xingye Co.Ltd(002002) is a leading enterprise in chlor alkali hydrogen production in China. In recent years, Hongda Xingye Co.Ltd(002002) has successively joined hands with institutions and enterprises such as Beijing Aerospace Experimental Technology Research Institute, Air Liquide of France and Asahi Kasei Co., Ltd. of Japan, formed a whole industrial chain of hydrogen production, hydrogen storage, hydrogen transportation and hydrogen consumption, and grasped the initiative in the development of hydrogen energy industry.
It is reported that the construction of Hongda Xingye Co.Ltd(002002) hydrogen energy project with an annual output of 50000 tons (30000 tons of liquid hydrogen and 20000 tons of high-pressure gas hydrogen) has made good progress. At the same time, through forward-looking market layout and solid industrial foundation, it has been approved to build 8 hydrogenation stations in Haibowan District, Hainan District and Wuda District of Wuhai City, Inner Mongolia, and the first hydrogenation station has been built in 2019; The first civil liquid hydrogen plant in China will be completed and put into operation in 2020, filling the gap in civil liquid hydrogen production in China; This year, the first mobile hydrogenation station in Wuhai City, Inner Mongolia was built, and 50 hydrogen buses in Wuhai City were filled with hydrogen.
The reporter of investment express noted that behind this is the "blessing" of the national policy for the hydrogen energy industry with the implementation of the "top-level design" of national carbon peak and carbon neutralization. Recently, the 14th five year plan for industrial green development issued by the Ministry of industry and information technology reveals the six development directions of hydrogen energy and highlights the greater emphasis on green hydrogen. Among them, it is mentioned to speed up the technological innovation and infrastructure construction of hydrogen energy and promote the diversified utilization of hydrogen energy; Develop new energy equipment such as hydrogen fuel gas turbine, ultra-high pressure hydrogen compressor and high-efficiency hydrogen fuel cell; Promote the popularization and application of green hydrogen refining and other technologies.
On October 26, the State Council issued the action plan for reaching the carbon peak by 2030, emphasizing the need to actively promote the application of hydrogen energy in the field of transportation. By 2030, the proportion of new energy and clean energy powered vehicles will reach about 40%, and orderly promote the construction of charging piles, supporting power networks, filling (gas) stations, hydrogen stations and other infrastructure, Improve the level of urban public transport infrastructure.
In March 2021, the State Council mentioned in the "14th five year plan" and the outline of long-term objectives for 2035 that it will organize and implement the future industrial incubation and acceleration plan in the field of cutting-edge science and technology and industrial transformation, including hydrogen energy and energy storage. At the same time, in the context of carbon neutralization policy, all provinces emphasize the active development of clean energy utilization and promote carbon peak and carbon neutralization in the 14th five year plan. From the long-term goal, the development of hydrogen energy industry is one of the keys.
In September 2020, the Ministry of Finance and other five ministries and commissions issued the notice on carrying out fuel cell vehicle demonstration and application, launched the national fuel cell vehicle demonstration and application, and required each reporting city to issue relevant policies around industrial development and demonstration and application.
local governments have arranged one after another to seize the C position of hydrogen energy industry
Local governments have actively issued hydrogen energy industry development plans, mainly focusing on the promotion of hydrogen fuel vehicles (mainly urban buses and logistics vehicles), the research and development of fuel cell core technology, the construction of hydrogenation infrastructure and the construction of hydrogen energy demonstration urban areas. According to incomplete statistics, at present, more than 20 provinces and cities (regions) including Beijing, Shanghai, Shandong, Guangdong, Hubei and Hebei have successively issued strategic plans for the hydrogen industry and introduced subsidy and support policies related to the hydrogen energy and fuel cell industry.
On November 3, several policies on supporting the development of fuel cell vehicle industry in Shanghai issued by six departments including Shanghai Municipal Development and Reform Commission and Finance Bureau proposed that before the end of 2025, the municipal finance should contribute in accordance with the 1:1 ratio of the central financial incentive fund for national fuel cell vehicle demonstration, and comprehensively arrange the special support fund for the development of fuel cell vehicles in Shanghai, Among them, the policy arrangements involving hydrogen fuel account for 1 / 3. According to the "14th five year plan of Shanghai for ecological and environmental protection" previously released by Shanghai, Shanghai is strengthening technical research on hydrogen fuel storage, transportation and filling, and exploring multi scenario and multi field commercial demonstration applications of hydrogen fuel cells.
In response to why the above policies should be issued, Shanghai development and Reform Commission pointed out that fuel cell vehicles are one of the main technical routes of new energy vehicles and an area with development opportunities and industrial chain advantages in Shanghai. After years of development, the city has the largest application scale of fuel cell vehicles in China, the most complete industrial chain and the most abundant technology and talent reserves. However, it still faces development bottlenecks such as "high vehicle purchase price, high hydrogen price, few layout of hydrogen refueling stations and few application scenarios", so it is urgent to accelerate the breakthrough through standardized application.
In August this year, Beijing released the implementation plan for the development of hydrogen energy industry in Beijing (2021-2025), which proposed to cultivate 5-8 leading enterprises in the hydrogen energy industry chain with international influence by 2023 based on the major demonstration projects of Beijing Winter Olympic Games and winter Paralympic Games. The industrial scale of the industrial chain in Beijing, Tianjin and Hebei has exceeded 50 billion yuan and reduced carbon emissions by 1 million tons. Before 2025, it will have the basis for large-scale promotion of hydrogen energy industry, relatively complete industrial system and supporting infrastructure, and cultivate 10-15 leading enterprises in the industrial chain with international influence.
Beijing Municipal Bureau of economy and information technology said that hydrogen has many advantages, such as wide sources, clean and efficient and rich application scenarios. It is a major strategic direction for the global energy technology revolution and transformation and development. The development of hydrogen energy industry is an important measure for China to achieve the goal of "stable while decreasing after reaching the peak of carbon emission", accelerate green and low-carbon development and comprehensively improve resource utilization efficiency. Beijing takes the lead in building a hydrogen energy innovation chain and industrial chain, which is of great significance for implementing the capital's high-quality development strategy, supporting the energy structure transformation of Beijing, Tianjin and Hebei, and leading the national hydrogen energy technology innovation and industrial development.
Since September 2020, Guangdong Province has successively issued policies such as Guangdong hydrogen fuel cell vehicle standard system and planning roadmap (2020-2024) and Guangdong implementation plan for accelerating the development of hydrogen fuel cell vehicle industry, so as to promote the optimization and upgrading of hydrogen fuel cell vehicle industry. After being approved as a demonstration urban agglomeration this year, the Guangdong Provincial Development and Reform Commission further pointed out that Guangdong urban agglomeration should give full play to the first mover advantage of Guangdong's fuel cell vehicle industry, grasp the major opportunity of being included in the first batch of national fuel cell vehicle demonstration and application urban agglomeration, break regional restrictions and explore the construction of a unified policy and market system.
The research report points out that the policy of Shanghai has opened the prelude to local subsidies, and it is expected that the local subsidy policies of Beijing and Guangdong urban agglomeration will be launched accordingly. From the current industrial planning of various urban agglomerations, the output value related to hydrogen energy is planned to reach 100 billion yuan in 2025. It is expected that the promotion of vehicles in each urban agglomerations is expected to reach 10000 in 2025, or 50000 in total, and 100000 vehicles nationwide, which will also accelerate the industrialization and cost reduction of hydrogen energy. It is expected that the development of the industry will accelerate in an all-round way under the supporting policies of the local government.
hydrogen energy will usher in a golden decade
In recent years, the Chinese government has been increasing its support for the hydrogen energy industry. According to the prediction of China hydrogen energy alliance, the output value of China's hydrogen energy industry will reach 1 trillion yuan by 2025; By 2050, the demand for hydrogen will be close to 60 million tons, and about 700 million tons of CO2 will be reduced. Hydrogen energy accounts for more than 10% in China's terminal energy system. The annual output value of the industrial chain will reach 12 trillion yuan, becoming a new growth pole leading economic development.
"Hydrogen energy is regarded as the cleanest energy among the known energy sources. The product of hydrogen use process is water, which can truly achieve zero emission and no pollution. It is regarded as one of the most promising energy sources or the ultimate form of energy use. In recent years, China is accelerating the development of hydrogen energy industry. With the introduction of favorable policies, the hydrogen energy industry has been supported by policies, It has broad prospects and also drives the development of the industrial chain. " Insiders told the reporter of investment express.
In fact, with the gradual maturity of hydrogen energy application technology and the increasing pressure of global response to climate change, the development of hydrogen energy industry has attracted much attention all over the world. Many governments have issued a strategic roadmap for the development of hydrogen energy and fuel cell, and developed countries such as the United States, Japan and Germany have raised hydrogen energy planning to the height of national energy strategy. According to the previously disclosed EU hydrogen energy strategy, the EU plans to invest 575 billion euros (about 4.56 trillion yuan) in the hydrogen energy industry in the next decade.
According to the international energy network, only from 2019 to 2020, many countries and regions have successively issued hydrogen energy strategies and hydrogen energy development roadmap. Some countries have made specific arrangements for the application of hydrogen energy technology, mainly focusing on the application of hydrogen energy in the field of transportation. Some countries set hydrogen energy development goals for industries, buildings, power generation and other sectors. In the government plans to promote hydrogen energy development (including goals and incentive measures), they focus on five application fields: passenger cars, vehicle gas stations, buses, electrolytic devices and trucks. In addition, in the fields of building heating and power supply, power generation and industry, there are also national policies to help the application.
According to the Research Report on the future development trend of hydrogen energy released by the international Hydrogen Energy Commission, the demand for hydrogen energy will be 10 times that of the present by 2050. It is estimated that by 2030, the global number of fuel cell passenger vehicles will reach 10 million to 15 million. The huge market potential makes countries and major enterprises increase the R & D of hydrogen energy industry, hoping to solve energy security through the development of hydrogen energy and master the commanding heights in the international energy field.
Recently, the hydrogen energy observation update released by the international Hydrogen Energy Council and McKinsey said that with the acceleration of climate change, as a key pillar of energy transformation, hydrogen energy investment shows an accelerating trend. According to the report, since February 2021, 131 new large-scale hydrogen energy projects have been announced worldwide, with a total of 359 projects. By 2030, the total investment in hydrogen energy projects and the whole value chain is estimated to be $500 billion.
Great Wall Motor Company Limited(601633) pointed out that with the goal of carbon peak and carbon neutralization written into the 14th five year plan, China's hydrogen energy industry may usher in a golden decade of rapid development. Standing at the starting point of a new round of energy revolution, Great Wall Motor Company Limited(601633) with a highly forward-looking international integrated supply chain ecology, with a number of leading core technologies, complete industrial layout and full scene application technology platforms that directly hit the pain point, greatly improve the speed of hydrogen energy development and large-scale application, and constantly consolidate the advantageous competitiveness of the global market.
In terms of investment targets, institutional analysts pointed out that with the successive implementation of policies and the accelerated promotion of the layout of hydrogen energy industry, the proportion of hydrogen energy is expected to continue to increase. This will bring broad demand space for hydrogen production, hydrogenation and fuel cell vehicle. It is suggested to focus on Beijing Sinohytec Co.Ltd(688339) (688339), Houpu Clean Energy Co.Ltd(300471) (300471), Oriental Energy Co.Ltd(002221) (002221), Shanxi Meijin Energy Co.Ltd(000723) (000723), Fujian Snowman Co.Ltd(002639) (002639), Hongda Xingye Co.Ltd(002002) (002002), Shenzhen Center Power Tech.Co.Ltd(002733) (002733), Dongfang Electric Corporation Limited(600875) (600875), Weichai Power Co.Ltd(000338) (000338), etc.
(investment express)
