China prepares multi-pronged hydrogen strategy
The 14th Five-Year Plan is expected to set targets for advancing technology and production volumes, with the aim of reducing carbon emissions and costs
China is widely anticipated to unveil an official roadmap for developing a hydrogen economy later this year as part of its forthcoming 14th Five-Year Plan (FYP). Beijing is looking to build on its leading position in production volumes by catching up in the global race to lead hydrogen technology development. While Europe, Canada, Japan and South Korea have ramped up their plans to utilise hydrogen to support decarbonisation goals, a national hydrogen energy strategy for China remains conspicuous by its absence. The release of the 14th FYP this year is expected to shape the near-term outlook of China’s hydrogen economy and will likely include specific targets for the fledgling sector. Chines
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