IEA: China Leads in Low Carbon Hydrogen Manufacturing and Electrolyser Capacity
China's Green Hydrogen Leadership
The latest IEA report reveals that China commands a remarkable 40% share of all new low-emission hydrogen production projects financially backed over the past year. Dominating the green hydrogen sector, China is significantly expanding its manufacturing of electrolysers, the crucial devices that enable the generation of low carbon hydrogen from renewable electricity.
Expansion of Electrolyser Capacity
China accounted for more than 40% of the 6.5GW of electrolyser capacity approved globally in the past year. This growth is set against Europe, which saw its capacity quadruple to 2GW, and India, achieving 1.3GW. The report highlights that China is home to 60% of global electrolyser manufacturing capacity, with a staggering annual deployment rate well above the global average at 25GW.
Investment Trends and Future Outlook
The global electrolyser capacity receiving financial support totaled 20GW, potentially increasing annual output of low-emission hydrogen five-fold by 2030. Reports indicate that while coal-based hydrogen production still plays a role, low-emission production remains minimal. The IEA emphasizes that high electrolyser costs are the most significant barrier to widespread adoption, urging policymakers to create stronger supportive policies to enhance demand.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.