Sinopec Leads the Charge Towards a Sustainable Future with Hydrogen at COP29
Key Ideas
- Sinopec hosted a significant multilateral event at COP29 focused on hydrogen energy, showcasing China's progress in green and low-carbon development.
- The event featured the release of two reports highlighting China's advancements in hydrogen innovation and emphasized the importance of international cooperation in the hydrogen industry.
- Sinopec's chairman, Ma Yongsheng, stressed the need for collective action to build a robust hydrogen industry ecosystem and transition towards a sustainable 'hydrogen era'.
- Sinopec is actively working on establishing a comprehensive industry chain for hydrogen production, storage, transportation, and utilization, along with plans for significant green hydrogen projects.
China Petroleum & Chemical Corporation (Sinopec) organized a multilateral event at COP29 centered around hydrogen energy, marking a pivotal moment as the first hydrogen-themed event co-hosted by a Chinese company at the conference. The event highlighted China's progress in green and low-carbon development through the release of two reports showcasing the country's innovations in hydrogen energy. Sinopec's chairman emphasized the importance of international cooperation in transitioning towards a sustainable future in the energy sector. The company is actively involved in developing a comprehensive industry chain for hydrogen production, storage, transportation, and utilization, with projects like a 20,000-ton photovoltaic green hydrogen demonstration and plans for a 100,000-ton/year wind and green hydrogen integration project. Sinopec's commitment to achieving carbon neutrality goals and promoting a green, peaceful, and sustainable planet was reiterated at the event, emphasizing the need for collaboration across the hydrogen industry value chain.