An IHS Markit study considering the potential role of hydrogen in China
China has proposed an increase to a 35% renewable energy target by 2030. The country is looking to move away from its reliance on domestic coal and imported oil and gas, as well as to combat extensive emissions and pollution. IHS Markit is exploring the feasibility of hydrogen to help China meet its goals.
Hydrogen deployment is consistent with many of China’s long-term goals to reduce carbon emissions and to improve air quality. An alternative to imported natural gas, hydrogen can be used across all end-use sectors, including transportation, heat, power generation, and industrial applications. Power to gas (electrolysis) or gasification technologies could be options for China to expand hydrogen production for energy use. Nevertheless, because the greatest potential for large-scale hydrogen production is far from major demand centers, any large-scale adoption of hydrogen would require the development of hydrogen transmission infrastructure.
IHS Markit has launched a multiclient study to explore hydrogen’s potential in China’s future energy mix. The study examines technology options for producing hydrogen, practical issues for the fuel’s rollout, “tipping points” that could launch hydrogen as a major fuel contender, and cost considerations.