Green Hydrogen: Accelerating Industry Utilization in China
Key Ideas
- China's industrial sector is the largest consumer of hydrogen, with an estimated 60% consumption rate, setting the stage for significant green hydrogen utilization.
- A 'cluster development' model is proposed to efficiently deploy green hydrogen at scale, addressing challenges of supply scale, stability, and high cost.
- Techno-economic analysis is conducted to optimize green hydrogen production, storage, transportation, and utilization, leading to cost-efficiency and practical implementation methods for industry clusters.
- The model aims to accelerate green hydrogen utilization in regions with matching energy resources and utilization capacity, showcasing low/zero-carbon solutions and exploring feasible business models.
China's industrial sector stands out as the primary consumer of hydrogen, with projections indicating continued dominance in hydrogen usage, particularly in green hydrogen. The focus is on overcoming key challenges of scale, stability, and cost associated with green hydrogen utilization in industry. To tackle these obstacles, a novel 'cluster development' model is introduced. This model emphasizes aligning production and consumption locations to optimize economic feasibility in a 'production-storage-transportation-utilization' system. Techno-economic analysis forms the backbone of this approach, ensuring cost-efficiency while considering technical feasibility. The model not only offers insights into green hydrogen deployment but also provides practical strategies for forming industry clusters and optimizing costs in different scenarios. By promoting early industrial cluster development, regions with energy resource compatibility can witness accelerated green hydrogen adoption, validating the technical and economic viability of low/zero-carbon solutions. For regions facing resource mismatches, an integrated approach encompassing hydrogen production, storage, transportation, and utilization is recommended to determine the most suitable methods for securing green hydrogen.
Topics
Power
Green Energy
Industry
Business Models
Cost Optimization
Economic Feasibility
Energy Resources
Cluster Development
Techno-economic Analysis
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