China Believes It Holds Keys to Cheap Green Hydrogen

As with solar panels and electric cars, China may hold the keys to competitive green hydrogen production if its hopes prove true. The country is advancing what it hopes will be cost-effective electrolyzers that could unlock large-scale adoption of the technology — ones that promise not to compromise on quality. The country is already hosting the world’s largest water electrolyzer project for utilizing renewable electricity to split water molecules into green hydrogen and oxygen. That is thanks in part to its advantage of being among the world’s lowest-cost countries in the electrolyzer production chain, according to speakers at the recent Bloomberg New Energy Finance (BNEF) Summit Shanghai. What’s more, major Chinese solar equipment manufacturers, like Longi and Trina, are starting to straddle the business of producing electrolyzers and other hydrogen-related equipment — a trend that could drive costs down even further.