On March 23, the national development and Reform Commission and the Energy Administration jointly issued the medium and long term plan for the development of hydrogen energy industry (20212035), which analyzed and planned China’s hydrogen energy industry, including the current situation and situation, strategic positioning, overall requirements, systematic construction of an innovation system to support the high-quality development of hydrogen energy industry, overall promotion of hydrogen energy infrastructure construction, steady promotion of diversified demonstration application of hydrogen energy Accelerate the improvement of hydrogen energy development policies and systems, guarantee system, organization and implementation, etc., mainly including:
The plan has raised hydrogen energy to a very high strategic positioning, and made it clear that hydrogen energy is an important part of the future national energy system and an important carrier for energy consumption terminals to realize green and low-carbon transformation. Hydrogen energy industry is a strategic emerging industry and the key development direction of future industries. It is necessary to focus on seizing the opportunity of future industrial development, improve the proportion of hydrogen energy in the energy consumption structure, and provide a basis for building a clean, low-carbon A safe and efficient energy system provides strong support.
The plan gives a clear industry development goal. As China’s first medium and long-term plan for hydrogen energy industry, the plan defines the overall layout of the development of China’s hydrogen energy industry by 2035: from the first stage to 2025, form a relatively perfect policy environment for the development of hydrogen energy industry, basically master the core technology and manufacturing process, preliminarily establish a relatively perfect supply chain and industrial system, and preliminarily establish a hydrogen energy supply system focusing on the nearby utilization of industrial by-product hydrogen and renewable energy hydrogen production, The number of fuel cell vehicles is about 50000, and a number of hydrogen refueling stations are deployed and built. The hydrogen production capacity of renewable energy reaches 1 China Vanke Co.Ltd(000002) 00000 tons / year, which has become an important part of new hydrogen energy consumption and achieved carbon dioxide emission reduction of 1-2 million tons / year; In the second stage, by 2030, a relatively complete technological innovation system for hydrogen energy industry and a clean energy hydrogen production and supply system will be formed to effectively support the realization of the carbon peak goal; In the third stage, by 2035, a hydrogen energy industry system will be formed and a diversified hydrogen energy application ecology covering transportation, energy storage, industry and other fields will be constructed. The proportion of hydrogen production from renewable energy in terminal energy consumption will be significantly increased, which will support the green transformation and development of energy.
The plan puts forward the key tasks of hydrogen energy development:
1. Systematically build an innovation system to support the high-quality development of hydrogen energy industry. Accelerate the technological innovation of proton exchange membrane fuel cell, improve the conversion efficiency of hydrogen production from renewable energy and the scale of hydrogen production from a single unit, break through the key core technologies of hydrogen energy infrastructure, and continue to promote the research and development of key core technologies in the production, storage, transportation and Application of green and low hydrocarbon energy; Strive to build an industrial innovation support platform, carry out basic research and cutting-edge technology research on hydrogen energy application, support “specialized and special new” small and medium-sized enterprises to participate in the research and development of key common technologies in hydrogen energy industry, and cultivate a number of single champion enterprises with strong independent innovation ability; Promote the construction of hydrogen energy professionals; International cooperation.
2. Comprehensively promote the construction of hydrogen energy infrastructure. Give priority to the use of industrial by-product hydrogen in coking, chlor alkali and other industrial agglomeration areas, carry out hydrogen production demonstration of renewable energy in areas rich in wind, solar and hydropower, explore seasonal energy storage and power grid peak shaving, and promote the research and development of technologies such as hydrogen production by solid oxide electrolytic cell, hydrogen production by seawater and high-temperature hydrogen production by nuclear energy; Improve the efficiency and commercialization level of high-pressure gaseous hydrogen storage, promote the industrialized application of low-temperature liquid hydrogen storage and transportation, explore storage and transportation methods such as solid, cryogenic high-pressure and organic liquids, and carry out pilot demonstration of hydrogen doped natural gas pipeline and pure hydrogen pipeline; Overall layout and construction of hydrogen refueling stations, support the reconstruction and expansion of hydrogen refueling stations by using gas refueling stations, and explore the integrated mode of production, storage and hydrogenation in the station.
3. Steadily promote the demonstration of diversified application of hydrogen energy. Promote the demonstration application of hydrogen energy in the field of transportation and expand its application in energy storage, distributed power generation, industry and other fields. In the field of transportation, focus on promoting the application of medium and heavy vehicles with fuel cells, orderly expand the market application space of passenger and cargo vehicles with new energy such as hydrogen fuel cells, gradually establish a complementary development model of fuel cell electric vehicles and lithium battery pure electric vehicles, and actively explore the application of fuel cells in ships, aircraft and other fields; In the field of energy storage, carry out demonstration of hydrogen energy storage in renewable energy consumption, power grid peak shaving and other application scenarios, and explore and cultivate a new integrated application mode of “wind power generation + hydrogen energy storage”; In the field of distributed power generation, hydrogen fuel cell distributed cogeneration facilities shall be arranged according to local conditions, promote the market application of hydrogen fuel cell in the field of standby power supply, and carry out the demonstration application of fuel cell distributed power generation; In the industrial field, explore the demonstration application of hydrogen metallurgy, and explore the demonstration of hydrogen production from renewable energy as an alternative to fossil energy in synthetic ammonia, methanol, refining, coal to oil and gas and other industries.
4. Accelerate the improvement of hydrogen energy development policies and institutional guarantee system. Formulate and improve relevant policies on hydrogen energy management, standardize the construction and management procedures of hydrogen energy preparation, storage, transportation and filling, study and explore the supporting electricity price policy for hydrogen production from renewable energy power generation, improve the market-oriented mechanism for hydrogen production from renewable energy, improve the energy storage price mechanism covering hydrogen energy storage, and explore the direct participation of hydrogen energy storage in power market transactions; Promote the improvement of the standard system for hydrogen energy production, storage, transmission and utilization; Strengthen the research on hydrogen energy safety management system and standard
There are five highlights in this plan:
First, it is the first time to clarify the important position of hydrogen energy in the national energy system. In order to achieve the double carbon goal, China must promote the large-scale development of renewable energy. The main carriers of renewable energy are electricity and hydrogen, which are complementary in power and energy storage. As a carbon free industrial raw material, hydrogen is irreplaceable. The strategic position and economic rationality of hydrogen energy mainly depend on the large-scale long-term energy storage and diversified terminal utilization demand in the transformation of renewable energy. Although there is an efficiency problem in hydrogen production from renewable energy, with the continuous expansion of renewable energy installation, the efficiency problem can be transformed into a cost problem, and the cost will be further reduced with technological progress and scale expansion, so it has comprehensive economy. In terms of economy and necessity, hydrogen energy will be an important support for the dual carbon goal and green transformation and development, and the industry prospect is promising.
Second, put forward quantitative objectives. The plan proposes several quantitative targets for the development of the industry by 2025, such as the ownership of about 50000 fuel cell vehicles, the production of hydrogen from renewable energy to 1 China Vanke Co.Ltd(000002) 00000 tons / year, and the reduction of carbon dioxide by 1-2 million tons / year. According to our statistics, the total number of plans issued by the five demonstration urban agglomerations has exceeded 60000, and the proposal of the planning target is relatively stable.
Third, emphasize the research and development of core technologies. The plan clearly points out that it is necessary to systematically build an innovation system to support the high-quality development of hydrogen energy industry, build and improve the hydrogen energy development system, enhance competitiveness and encourage the technology research and development of small and medium-sized enterprises from the aspects of R & D and innovation of all links of the industrial chain, support of industrial innovation platform and construction of professional talent team. As a strategic emerging industry, hydrogen energy is bound to realize independent and controllable technology. The trend of localization can also be seen from the subsidy policies of various demonstration urban agglomerations. With the support of policies, a large number of talent training and technology R & D teams may appear in the future, and those who master core technologies will stand out in the industrial chain.
Fourth, emphasize the complementary development with lithium battery pure electric vehicles. It defines the positioning of the industry and points out the general direction of future development. The development of hydrogen based fuel cell vehicles and lithium battery pure electric vehicles are not competitive, but adapt to different fields. Fuel cell vehicles will give full play to their advantages in medium and heavy passenger cars and trucks, complement lithium batteries, and promote the green transformation and development of transportation.
Fifth, strong policy support. The plan clearly proposes to give full play to the guiding role of investment within the central budget, support the development of hydrogen energy related industries, encourage industrial investment funds and venture capital funds to support hydrogen energy innovative enterprises according to the market-oriented principle, promote the transfer and transformation of scientific and technological achievements, and support qualified hydrogen energy enterprises to register and list on the science and innovation board and gem for financing. With the encouragement of policies, the investment confidence of the industry will be further strengthened, and relevant enterprises will receive greater support in the capital market.
Investment strategy: the release of the medium and long-term plan provides directional guidance and clear policy support for the development of hydrogen energy. In the short term, the demonstration and application of hydrogen energy, fuel cell vehicles and hydrogen as energy storage means in peak shaving, distributed power generation, industry and other fields will be the fields with conditions and priority development. Five demonstration urban agglomerations will be implemented, the urban development plans will be issued one after another, and the industry may enter the fast lane of development; In the long run, the plan also proposes to appropriately deploy a number of hydrogen energy projects in advance, so that the industry will have a broad future and make great achievements. It is suggested to pay attention to enterprises with core technologies, such as the layout of the whole industrial chain, Shanxi Meijin Energy Co.Ltd(000723) , which shares in several leading technology companies, Beijing Sinohytec Co.Ltd(688339) -u, which is a leader in the field of fuel cells, etc
Risk tips: (1) the speed of technological breakthrough is lower than the expected risk. (2) Risk of decline in policy subsidies. (3) The public materials used in the research report may have the risk of information lag or untimely update.
