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[SMM Hydrogen Industry Weekly Review] 2025.3.2
Mar 21, 2025, at 2:58 am
I. Policy Release: National and Local Synergies, Hydrogen Strategy Upgrade
National Energy Administration's Top-Level Design
The 2025 Energy Work Guidance, released on February 27, outlined two major directions:
Integrated Development Model: Promote the deep integration of large-scale wind and solar power bases with hydrogen and other industries, building a new-type integrated energy system of "wind, solar, hydrogen, and storage";
Breakthrough in Hydrogen Industry Chain: Focus on supporting renewable energy-based hydrogen production, fuel cell vehicle pilots, and pipeline hydrogen transmission projects, accelerating the commercialization process of hydrogen technology.
Local Policies Intensify
Beijing Daxing: Positioned as an innovation hub for the hydrogen industry, attracting top-tier enterprises in storage, transportation, and refueling;
Shanghai Qingpu: Planning a zero-carbon hydrogen generation-grid-load-storage integration project, promoting hydrogen fuel cell bus demonstrations;
Shanxi/Guangzhou: Issued action plans and special fund subsidy policies for the hydrogen industry chain, strengthening regional cluster effects.
Policy Signals: The dual-wheel drive strategy by the state and local governments marks that hydrogen has shifted from the demonstration phase to large-scale application. It is expected that green hydrogen demand will exceed 5 million mt by 2030.
II. Corporate Dynamics: Accelerated Layout by Giants, Deepened Industry Chain Collaboration
Energy Giants' Projects Land
Huadian Group: Completed the survey and design tender for a 600,000 kW wind-solar-hydrogen integration project in Inner Mongolia, with China Petroleum Engineering Corporation winning the bid (quoted at 5.75 million yuan);
SPIC: Launched a hydrogen production and ESS project paired with the Jiangxi nuclear power Mian Island wind farm, tendering for PEM electrolyzer equipment (100 Nm³/h), indicating the deep involvement of central SOEs in the green hydrogen sector.
Yangtze River Delta Industrial Synergy
On March 20, the CESC2025 Forum in Nanjing gathered over 600 ESS companies, focusing on hydrogen ESS technology:
Technical Topics: SOFC (solid oxide fuel cells) and aerospace hydrogen power, among other cutting-edge fields;
Regional Collaboration: Discussed the integration of hydrogen industry resources in the Yangtze River Delta, releasing the "2024 Hydrogen Storage Enterprises Hydrogen Light List," promoting cooperation between upstream and downstream sectors of the industry chain.
Localization of International Cooperation
CSTC Tongliao Project: A 500,000 kW wind-to-hydrogen-to-methanol integration demonstration project was approved, establishing a "green electricity-green hydrogen-green methanol" industry chain;
Qingdao Hydrogen Energy Park: Nine projects were signed and five put into operation, covering hydrogen production, storage, transportation, and fuel cells, forming a closed-loop ecosystem.
Market Insights: Enterprises are evolving from single-link operations to entire industry chain integration, with regional industrial clusters (such as the Yangtze River Delta and Shandong Peninsula) becoming the main battlegrounds for competition.
III. Technological Advancements: Dual Breakthroughs in Material Innovation and Application Scenarios
Electrolyzer Technology Iteration
China Huaneng Group Patent: Released a "hydrogen production system process control method," using reinforcement learning algorithms to optimize control strategies, addressing the precision issues of hydrogen production under renewable energy fluctuations;
Dongfang Electric Tender: Invested 10 million yuan in constructing an electrolyzer production line in Zigong, covering design, manufacturing, and installation, suitable for large-scale green hydrogen projects.
Hydrogen Storage Material Breakthrough
Jiangsu Jichui Antai Chuangming applied for a patent on bimetallic catalytic magnesium-based hydrogen storage materials, achieving:
Performance Leap: Dual improvement in hydrogen storage capacity and cycle stability, solving the kinetic bottleneck of traditional magnesium-based materials;
Preparation Process: Adopted ball milling to introduce TiO₂/C/Ni catalysts, reducing production costs, and promoting the commercialization of magnesium-based hydrogen storage.
Application Scenario Expansion
Transportation Sector: A hydrogen bicycle procurement project was launched (Hua Wang Qingdao tendered for 1,000 units), showing the penetration of hydrogen in short-distance logistics scenarios;
Industrial Applications: Sinopec Zhongtian Hechuang initiated a tender for spherical tanks for its green hydrogen project, equipped with 48 sets of 1,000 Nm³/h electrolyzers, targeting an annual production of 30,000 mt of green hydrogen, aiding decarbonization in the chemical industry.
Technological Trends:
Electrolyzers: PEM technology localization is accelerating, while ALK (alkaline) is transitioning towards intelligent production;
Storage and Transportation: Cryogenic liquid hydrogen and solid-state hydrogen storage technologies are developing in parallel, adapting to diverse scenario needs.
Industry Outlook
Competitive Landscape: Central SOEs dominate large-scale projects, while private enterprises focus on technological innovation (such as magnesium-based hydrogen storage), with regional cluster effects becoming prominent;
Policy Orientation: Green hydrogen certification systems and carbon trading mechanisms will gradually improve, driving down the cost of hydrogen;
Technology Integration: Deep coupling of artificial intelligence with hydrogen systems (such as the Huaneng patent) becomes key to enhancing efficiency.
Investment Wind Vane:
Short-term: Focus on electrolyzer manufacturers (such as Sunshine Hydrogen, Qing Qiji) and Yangtze River Delta hydrogen energy park projects;
Long-term: Lay out magnesium-based hydrogen storage materials, SOFC fuel cells, and other cutting-edge technology tracks.
