The medium and long-term plan for the development of hydrogen energy industry, which is highly expected by all parties, has been implemented. On March 23, the national development and Reform Commission and the National Energy Administration jointly issued the medium and long term plan for the development of hydrogen energy industry (20212035) (hereinafter referred to as the plan).
“At present, it is an important window period for the development and application of hydrogen energy technology.” Qi Haizhen, President of Beijing Teyi sunshine new energy, said in an interview with the reporter of Securities Daily that although the hydrogen energy industry at the initial stage of development is mostly dominated by regional small-scale applications, on the whole, hydrogen production, hydrogen storage, hydrogen transportation and hydrogenation in the hydrogen energy industry chain, as well as any subdivision link such as hydrogen fuel cell and hydrogen energy vehicle, can create several markets with a scale of 100 billion yuan.
capital market financing facilities
will attract more hydrogen energy enterprises to go public
As a kind of secondary energy with rich sources, green, low-carbon and wide application, the plan not only defines that hydrogen energy is an important part of the future national energy system and the key development direction of strategic emerging industries and future industries, but also specifically refers to supporting qualified hydrogen energy enterprises to register and list on the science and innovation board, gem and other financing.
Zheng Lei, vice president of the International New Economy Research Institute, said in an interview with the reporter of Securities Daily that since China’s hydrogen energy industry is still in the early stage of development, the problems of weak industrial innovation ability and low level of technical equipment still exist. Therefore, there is an urgent need for financial support to help it increase technological research. Compared with enterprise debt financing with high financing cost, the “cost performance” of equity financing in the capital market is obviously higher.
“Both the sci-tech innovation board and the gem are aimed at scientific and innovative small and medium-sized enterprises, focusing on the innovation ability, scientific research ability, future value and growth of enterprises. The listing threshold is relatively low, the review time is fast, the cost of information disclosure is low, and the source of funds is wide, which is in line with the characteristics and financing needs of the hydrogen energy industry.” Zheng Chenyang, a researcher of BOC Research Institute, said in an interview with the reporter of Securities Daily that the financing convenience of the capital market will attract more hydrogen energy enterprises to go public.
In addition to supporting qualified hydrogen energy enterprises to register and list on the science and technology innovation board and gem for financing, the plan also proposes to strengthen financial support.
For example, banking financial institutions are encouraged to support the development of hydrogen energy industry in accordance with the principles of controllable risk and commercial sustainability, and use scientific and technological means to provide accurate and differentiated financial services for high-quality enterprises; Encourage industrial investment funds and venture capital funds to support hydrogen energy innovative enterprises in accordance with the principle of marketization, and promote the transfer and transformation of scientific and technological achievements.
“Promoting energy transformation is an important task of green finance, and the development of hydrogen energy industry is the breakthrough of energy transformation.” Zheng Chenyang said that as the main body of green financial business, the banking industry will innovate diversified and multifunctional green financial products and provide integrated and comprehensive services such as investment, loan, debt, equity, insurance and rent for the hydrogen energy industry.
China Minsheng Banking Corp.Ltd(600016) Research Institute senior researcher Ying Xiwen also told the reporter of Securities Daily that in terms of supporting the development of hydrogen energy industry, banks can support projects related to hydrogen energy industry through credit funds, such as new energy hydrogen production, industrial by-product hydrogen projects, hydrogen energy equipment manufacturing, hydrogen fuel cell and vehicle manufacturing, and can also give play to the advantages of investment and loan linkage to support the development of hydrogen energy innovation and technology enterprises.
“The introduction of the plan outlines the future development direction of the hydrogen energy industry and makes a clear layout of the whole hydrogen energy industry chain.” Lin Boqiang, President of China Energy Research Institute of Xiamen University, told the reporter of Securities Daily that the development road of hydrogen energy is still very long. At this stage, the government still needs strong support, and it is difficult to make profits in the short term. The plan clearly will strengthen financial support, which will play an important role in enhancing enterprise confidence and promoting the development of hydrogen energy industry.
industry significant positive
hydrogen energy enterprises usher in the spring of development
Under the spring breeze of the policy, relevant enterprises also began to speed up on the trillion yuan track.
“The plan is like a ‘spring rain’ moistening the development of the whole hydrogen energy industry, which will promote hydrogen energy enterprises to usher in a new development spring.” Hongda Xingye Co.Ltd(002002) chairman Zhou Yifeng said in an interview with Securities Daily.
As a leading enterprise of hydrogen energy, Hongda Xingye Co.Ltd(002002) is the first to carry out the linkage business of liquid hydrogen production, storage and transportation in China, and is the leader of the “whole industrial chain of hydrogen production, hydrogen storage, energy storage, hydrogen transportation and hydrogen consumption”. In recent years, under the global strategy of vigorously promoting new energy, Hongda Xingye Co.Ltd(002002) actively responded to the call of the national green and low-carbon policy, combined with its strong chlor alkali hydrogen production technology, vigorously developed the hydrogen energy industry and achieved several strategic breakthroughs: the company has three technologies of gaseous, liquid and solid hydrogen storage; Invest in the construction of China’s first civil liquid hydrogen plant, break the extremely high technical barriers in the field of hydrogen liquefaction, and fill the gap in China’s civil liquid hydrogen production; Build the first hydrogenation station in Inner Mongolia to provide hydrogen and refueling services for hydrogen fuel cell buses; Innovative research and development of China’s first mobile hydrogenation station.
In Zhou Yifeng’s view, the plan clearly points out that hydrogen energy is the key direction of strategic emerging industries and a new growth point for building a green and low-carbon industrial system and industrial transformation and upgrading, “This means that hydrogen energy will become one of the main forces in strategic emerging industries. It also means that hydrogen energy enterprises will enjoy a series of policy dividends, capital dividends and development dividends given by the state to strategic emerging industries from the policy level, which is undoubtedly a major positive for the hydrogen energy industry.”
Huadian Heavy Industries Co.Ltd(601226) relevant person in charge told the reporter of Securities Daily that the company has planned to develop hydrogen energy business since 2020 and strive to improve the ability of hydrogen energy technology development, equipment manufacturing, project contracting, etc.
Longi Green Energy Technology Co.Ltd(601012) as early as 2018, the leader of the global photovoltaic industry began to carry out strategic research on the hydrogen energy industry chain, research and cooperate with Chinese surgical research institutions to develop equipment technology for hydrogen production from electrolytic water, and officially established Longji Hydrogen Energy Technology Co., Ltd. on March 31, 2021. On October 16, 2021, the first alkaline water electrolytic cell of Longji hydrogen energy went offline, and the hydrogen preparation capacity of a single electrolytic cell reached 1000nm3 / h and above.
As an important force in China’s heavy trucks, Shaanxi Automobile Group is also accelerating the promotion of the application of hydrogen fuel cell heavy trucks. The relevant person in charge of Shaanxi Automobile Group told the reporter of Securities Daily that the three hydrogen fuel cell heavy trucks developed by Shaanxi Automobile Dechuang in the future have been promoted in Hebei, Shanghai and other regions, and one of the hydrogen fuel cell tractors has been delivered to customers and will be put into use in Yulin. “Northern Shaanxi is rich in by-product hydrogen, and runs about 150000 heavy-duty fossil energy transport trucks, with a transportation radius of about 200 km to 300 km, and some of them have reached the end-of-life. This is an ideal application scenario for the hydrogen fuel cell vehicle industry.”
The Shaanxi Baoguang Vacuum Electronic Apparatus Co.Ltd(600379) of accelerating the layout of “hydrogen energy + energy storage” established Baoguang lianyue in July 2021. “Lianyue gas, one of the shareholders of the company, has invested and built seven high-purity hydrogen plants in Guangdong, Jiangxi, Hunan and Shaanxi respectively, including on-site gas production projects and retail gas projects.” There is no doubt about the positive impact on the whole hydrogen energy industry, and the overall development of hydrogen energy industry will turn into the fast lane. In the next three to five years, lianyue gas will continue to invest in 10 hydrogen plants, layout hydrogen refueling stations, liquid hydrogen plants and other related hydrogen energy facilities. ” Sun Wei, general manager of Baoguang lianyue, said.
“The encouragement of policies and the blessing of capital have led to the rapid development of the hydrogen energy industry.” Li Hongbo, Executive Secretary General of China hydrogen industry technology innovation and application alliance, told Securities Daily that hydrogen is an efficient energy storage medium. It can be combined with renewable primary energy such as wind power and Optoelectronics to produce green hydrogen. It can not only be used in the field of hydrogen energy vehicles and industrial hydrogen, but also be used as an energy storage resource to participate in peak shaving and frequency modulation on the power grid side, providing new development space for the business development of hydrogen related companies.
