March 15, 2024
The Current Status of Hydrogen Production
The global hydrogen production is mainly dominated by fossil fuel-based methods, accounting for 80% of the total. In the context of China’s “dual carbon” policy, the proportion of “green hydrogen” produced through electrolysis using renewable energy sources (such as solar or wind power) for electricity generation is expected to gradually increase. It is projected to reach 70% by 2050.
Green Hydrogen Demand
The integration of green electricity such as wind power and solar power, transitioning from grey hydrogen to green hydrogen.
By 2030: Global green hydrogen demand is estimated to be approximately 8.7 million tons per year.
By 2050: Global green hydrogen demand is estimated to be approximately 530 million tons per year.
Water electrolysis for hydrogen production is a key technology for achieving the transition from green electricity to green hydrogen production.
In the production of green hydrogen application products, Ally Hydrogen Energy has already possessed the full production chain capabilities including R&D, design, machining, equipment manufacturing, assembly, testing, and operation and maintenance.
With the innovation of Ally Hydrogen Energy’s water electrolysis technology, we look forward to a more efficient and cost-effective hydrogen production. The development of this technology will reduce the energy consumption required in the process of water electrolysis, thereby improving the efficiency of hydrogen production. This will contribute to the promotion of sustainable development of hydrogen energy and reduce dependence on fossil fuels.
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