China investing in hydrogen
China poised for rapid hydrogen demand growth
Demand for energy purposes to outpace feedstock applications by the 2040s as government policies drive consumption, says DNV
Chinese demand for hydrogen as an energy carrier is poised for rapid growth through 2050 as supportive policies drive use for applications such as industrial heat and the production of alternative fuels, according to assurance and risk management company DNV. Demand for energy purposes will transition from “nearly non-existent” levels at present to an estimated 43mt/yr by 2050, DNV said in a report titled Energy Transition Outlook China. Energy-related demand will overtake the country’s use of hydrogen as an industrial feedstock by the 2040s. Feedstock demand is projected to grow by 20% by 2050. The initial significant uptake of hydrogen as an energy carrier is expected in the industrial hea
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