China’s hydrogen sector ‘faces overcapacity’ as production plans outstrip demand - South China Morning Post
Climate change: China’s hydrogen sector faces overcapacity risk as ambitious production plans outstrip demand, say analysts | South China Morning Post
China’s hydrogen sector is expected to see strong growth as local governments announce ambitious plans to produce quantities of the gas that far exceed the national target, analysts said. Photo: Shutterstock
Climate change: China’s hydrogen sector faces overcapacity risk as ambitious production plans outstrip demand, say analysts
- Local governments have rolled out plans to develop the industry after Beijing released its first ever national hydrogen strategy last March
- However, the national targets were eclipsed by the production goals set out out by the provincial and municipal governments
China’s hydrogen sector is expected to see strong growth as local governments announce ambitious plans to produce quantities of the gas that far exceed the national target, analysts said. Photo: Shutterstock
Related Knowledge Center: ENERGY BASICS: hydropower
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