China faces green supply-demand mismatch

Road transport seen as most promising consumer of rapidly expanding electrolytic hydrogen production

China is poised to build the greenest hydrogen production capacity and own the most electrolyser manufacturing capacity in the world, but significant uncertainties remain for both the upstream and the downstream along the value chain. Insufficient demand, slow buildout of transportation pipelines and storage infrastructure, and immature electrolyser technology were cited as significant barriers by experts at the recent BNEF Summit in Shanghai. “High cost-effectiveness” and “high-performance” are key to today’s green hydrogen industry, according to Peng Chaocai, vice-president of China’s largest solar equipment manufacturer, Sungrow, and chairman of its hydrogen subsidiary. “Domestic de