The Winter Olympics set off a boom in hydrogen energy and the trillion yuan market is poised to take off
Our reporter Li Zhe reported in Beijing on February 4th, the Beijing Winter Olympics opened, the torch “flying” for the first time using hydrogen energy as fuel.CNPC told China Business News that its natural gas was used to light the bird’s Nest Olympic cauldron in Beijing in 2008.Now, it is lighting the Olympic torch in Beijing with cleaner green hydrogen.Beijing’s 2022 Winter Olympics and Paralympics will neutralize their carbon emissions, the Beijing Winter Olympics organizing Committee has announced.Behind this is the contribution of hydrogen energy, which will play an important role on the road to carbon neutrality in the foreseeable future.According to the White Paper on China’s Hydrogen Energy and Fuel Cell Industry 2019/2020, hydrogen energy will be widely used in transportation, energy storage, industry and other fields by 2050, with the annual demand for hydrogen increasing to 60 million tons and the industrial output value reaching 12 trillion yuan.To achieve carbon neutrality, demand for hydrogen will increase to around 130 million tons a year by 2060.From summer to Winter Olympics, green Olympics is a constant theme.As the first major international event hosted by China after China announced the goal of carbon peak and carbon neutrality.Carbon emissions from the Beijing Winter Olympics and Paralympics will be neutralized, the Beijing Winter Olympics organizing Committee has announced.At the opening ceremony, the torch “flying” “a leaf zhiqiu” type torch platform lighting process is fully expressed to the world Beijing Winter Olympic Games green Olympic concept.For the first time in Olympic history, the torch will be powered by green hydrogen.While lighting the Olympic flame, the Taizicheng torch platform, located in The Zhangjiakou area of Beijing Winter Olympics, was also lit by green hydrogen, which was independently developed by China.This is the only Olympic torch lit by green hydrogen, is the winter Olympics nearly 100 years of history of the first green hydrogen torch as a fuel.”Green hydrogen refers to hydrogen obtained by electrolysis of water using renewable energy, which only produces water when burned. Compared with grey hydrogen and blue hydrogen using coal and natural gas as raw materials, it has achieved zero carbon emissions from the source. It is a very pure green new energy and plays an important role in the global energy transformation.””The first green hydrogen torch in the history of the Winter Olympics has not only demonstrated China’s technological strength in the field of new energy to the world, but also created a history of energy use for the Winter Olympics torch, achieving zero carbon emissions from fuel production to application for the first time,” said CNPC.Green hydrogen industry chain includes hydrogen production, storage and transportation, hydrogenation, hydrogen utilization and other links.The reporter learned that the hydrogen fuel for the torch during this Winter Olympics comes from CNPC and SINOPEC.According to the special requirements of this winter Olympic torch, China Petroleum headquarters department, professional companies and related enterprises integration.The institute organized the hydrogen energy team to tackle more than 300 consecutive days and nights to break through the whole process and link of the green hydrogen industry chain.Hebei sales company completed the first filling of hydrogen storage bottle group for the Torch of the Winter Olympics one week ahead of schedule;Transportation companies purchase hydrogen fuel transport vehicles and form hydrogen energy supply echelons to ensure that the transportation and storage of hydrogen meets the needs of the torch in Zhangjiakou Competition area.Meanwhile, in order to ensure hydrogen supply for the Main torch of the Winter Olympic Games, SINOPEC Yanshan Petrochemical has set up a hydrogen guarantee team for the Main torch of the Winter Olympic Games, which has worked out detailed work plans and guarantee measures from hydrogen filling, testing, transportation and guarantee to ensure the high quality and safety of hydrogen supplied.In 2008, natural gas produced by Chinese oil lit the Bird’s Nest cauldron for the Beijing Olympics.Now its cleaner homegrown green hydrogen is lighting the Olympic torch in Beijing.The change of torch fuel is the epitome of China’s green and low-carbon energy transformation.In this regard, CNPC said that the breakthrough of green hydrogen has expanded the space of clean energy, and it will actively implement the green and low-carbon strategy and carbon neutrality vision to create a green and low-carbon energy industry growth pole.Industrialization is still in its infancy. Hydrogen is recognized as the cleanest and most environmentally friendly fuel.Hydrogen fuel cell vehicles will be heavily used during the Beijing Winter Olympics to reduce pollution emissions.More than 1,000 hydrogen fuel cell vehicles and more than 30 hydrogenation stations will be in operation during the Winter Olympics.It is the world’s largest demonstration of a hydrogen fuel cell vehicle.Time goes back 14 years.During the 2008 Olympic Games, the production of electric buses is still in the early stage of industrialization, so the manufacturing cost is high.In the following ten years, under the concerted efforts of policy guidance, industrial upgrading and technological breakthroughs, China has become the world’s largest producer of power battery vehicles.Statistics from the China Association of Automobile Manufacturers show that in 2021, the production of new energy vehicles in China will reach 3.545 million units, with a market share of 13.4%.Among them, the production and sales of pure electric vehicles reached 2.942 million and 2.916 million respectively, up 1.7 times and 1.6 times year-on-year respectively.Now, the Beijing Winter Olympics offer plenty of scenarios for hydrogen.Today’s hydrogen industry is also in the early stage of vigorous development.Weifu High-tech (000581.SZ) said to reporters, “From a global perspective, the research and development of hydrogen energy has just started, are in the stage of market introduction, the current cost is relatively high, now all local governments are actively promoting.”The views of the interviewees have also been recognized by the industry.”Hydrogen has been used in engines for a long time.For example, the liquid hydrogen engines used on launch vehicles.However, due to the cost problem, it was not mass-produced.Relevant industry insiders said.Dongwu Securities Research Report points out that hydrogen production from fossil energy is represented by two ways of hydrogen production from coal and natural gas, which is the most mainstream way of hydrogen production in China. According to estimates, when the price of raw coal is 800 yuan/ton, the cost of hydrogen production is about 12.64 yuan/kg.In the future, green hydrogen produced by renewable energy can help with deep decarbonization, and there is a large space for reducing the cost of green hydrogen in China. In the long term, the proportion of green hydrogen is expected to be significantly increased.Since 2020, with the action plan for peak carbon up to 2030 years ago the “difference” national cleaner production implementation scheme, and many other industrial support policy of the national level of the hydrogen density, and beijing-tianjin-hebei, Yangtze river delta, guangdong and other cities cluster are released in the hydrogen industry layout planning, make the position of the hydrogen.In the long run, driven by energy security and carbon neutrality, multiple energy supply modes have become an inevitable choice. Policy focus and capital focus have made the embryonic form of hydrogen energy cascade application appear.Citic Securities insiders mentioned that hydrogen in transportation power, power generation heating, smelting and other fields will gradually replace fossil fuels and raw materials.From the perspective of promotion pace, hydrogen energy is first applied in transportation power, industrial raw materials and cogeneration and other energy consumption end.Journalists have noticed that on February 7, the Ministry of Industry and Information Technology, the National Development and Reform Commission and the Ministry of Ecology and Environment jointly issued the Guidelines on Promoting high-quality Development of Iron and Steel Industry (hereinafter referred to as the “Opinions”).The guideline mentioned in the basic principles that basic research and applied research on high-end materials, green and low-carbon technologies should be strengthened.It explicitly mentions the development of an action plan for hydrogen metallurgy.”Hydrogen metallurgy is mainly from the point of view of carbon emission reduction,” said an insider at Hesteel.The industry is trying at present, the company also made the corresponding technical transformation.But hydrogen metallurgy is still in its infancy.”As for the application of hydrogen energy, insiders point out that the current development of hydrogen energy is in the initial stage, facing many challenges such as cost, technical route, storage and transportation, etc. From the overall energy pattern of the country, hydrogen energy is currently in the state of supplementary energy.But in the context of carbon neutrality, the advantage of hydrogen energy is also very clear.A number of interviewees told reporters that the development of hydrogen energy, especially fuel cell products, has not yet reached the time of mass production, and needs to be gradually invested.At the initial stage of hydrogen energy development, the promotion and demonstration effect of the Olympic Games accelerated the landing process of hydrogen energy industry to a certain extent.CNPC said that the “birth” of green hydrogen is one of the important achievements in the field of new energy science and technology.Since the establishment of the green hydrogen core technology research team, CNPC has not only made major breakthroughs in the core technology of solar water electrolysis catalyst, but also some hydrogen production materials have reached the international leading level, which is of milestone significance for the establishment of green hydrogen industry in the future and the realization of green and low-carbon development.