On August 26, the Ministry of Finance, the Ministry of Industry and Information Technology, the Ministry of Science and Technology, the National Development and Reform Commission and the National Energy Administration formally approved the fuel cell vehicle demonstration application of Shanghai Urban agglomeration as the first batch of demonstration urban agglomeration.
It is reported that the urban agglomeration is led by Shanghai, with six cities (regions), including Suzhou City in Jiangsu Province, Nantong City, Jiaxing City in Zhejiang Province, Zibo City in Shandong Province, Ningdong Energy and Chemical Industry Base in Ningxia, and Ordos City in Inner Mongolia Autonomous region.
In recent years, the investment in hydrogen fuel cell is hot, and the state has issued policies to support the development of hydrogen energy. According to industry statistics, from January to July 2021, there were more than 80 public investment incidents in the domestic hydrogen energy industry, with a nominal total investment of more than 250 billion yuan, an increase of more than 90 percent over the same period last year, including more than 10 billion investment projects.
According to the White Paper on China's hydrogen Energy and fuel Cell Industry released by the China hydrogen Energy Alliance, the output value of China's hydrogen energy industry will reach 1 trillion yuan by 2025; by 2030, the number of hydrogen filling stations in China will exceed 1500; by 2050, the demand for hydrogen will be close to 60 million tons, hydrogen energy accounts for more than 10% of China's terminal energy system, and the annual output value of the industrial chain will reach 12 trillion yuan.
However, there are also many technical bottlenecks in hydrogen fuel cells. some brokerage analysts pointed out that the cost of fuel cell is too high, the durability of fuel cell needs to be improved, the energy density of stack needs to be improved, and the construction of infrastructure (such as hydrogen filling station) needs to be accelerated.
Chuancai Securities believes that in the future, with continuous technological breakthroughs and large-scale cost reduction, the process of commercialization of hydrogen energy will accelerate. Now more than 1/3 of central enterprises are already formulating the layout of the whole industry chain, including hydrogen production, hydrogen storage, hydrogenation, hydrogen use, and so on. Hydrogen energy, which has attracted much attention, will achieve breakthroughs quickly.
At present, the main companies in hydrogen fuel cell related fields are as follows: