About Hydrogen Power
The ultimate Energy Source
Since the Paris Climate Conference, «carbon peaking” and “carbon neutrality” have gradually become a global consensus, and countries have made efforts to advance the energy transition. Among them, reducing fossil fuels and increasing the share of clean energy use has become a global trend. Among the new energies, hydrogen energy is known as the “ultimate energy” due to its high efficiency, safety, large reserves, absence of pollutants and many other advantages, and has developed rapidly in the last two years.
Whether globally, in China or the United States, energy-related carbon dioxide emissions account for about 90% and other related carbon dioxide emissions account for about 10%. Therefore, carbon peaking and carbon neutrality focus on energy, which is a systemic problem based on energy. To achieve the double carbon target, the first is an energy revolution.
«Total Global investment is about $500 billion by 2030»
Hydrogen energy is considered the «ultimate energy source» and is the clean energy with the greatest development potential in the 21st century. With the innovation of hydrogen energy technology and industrial development, the United States, Japan, and other countries have elevated hydrogen energy to a national strategy. The data shows that the current global market for hydrogen energy is about $100 billion.
According to the report of the International Hydrogen Commission, total global investment in hydrogen energy is expected to reach approximately $500 billion by 2030. The World Energy Council also predicts that hydrogen will account for up to 25% of global final energy consumption by 2050. In the context of dual carbon, future transport, buildings and most industrial sectors, and even digital transformation, will have to rely on hydrogen energy to achieve deep decarbonization, which means that hydrogen energy is widely used, and the future market is huge.
Hydrogen Power vs. Lithium Battery
Energy Source | Hydrogen Energy | Lithium Battery |
Safety | High temperature resistance, anti-impact, fire resistance | Risky, flammable and explosive |
Low Carbon & Environmental Protection | Climate neutrality over the entire life cycle | Some ingredients are harmful to the environment |
Recycling | 100 % recovery rate | Much lower than hydrogen fuel cells |
Operating Temperature | -10 °C ~ 50 °C without loss | Performance decreases when it is below 0 °C |
Life Span | 5-10 years | 2-3 years |