China targets carbon neutrality by 2060
Hydrogen key to China’s net-zero push – Shell
Clean hydrogen can meet 16pc of the country’s final energy demand in 2060, but significant investment is needed over the next two decades, says Shell
China must ramp up its use of clean hydrogen exponentially to about 16pc of its final energy demand to meet its 2060 net-zero goal, according to a scenario set out this week by European oil major Shell. Hydrogen demand scales up from negligible levels today to more than 17EJ/yr by 2060—equal to 580mn t of coal equivalent—under Shell’s scenario. Demand reaches nearly 5EJ/yr by 2030, accounting for about 5pc of the energy system, as China reaches peak carbon emissions. Shell’s 2060 net-zero scenario appears more bullish on China’s deployment of hydrogen than an IEA report in September last year, which put the fuel’s share of final energy demand in China at 6pc in 2060. Hydrogen produced by ren
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