Chinese Sinopec targets 500,000 T of “green” hydrogen capacity by 2025
SHANGHAI, June 9 (Reuters) – Chinese state-controlled energy giant Sinopec aims to build factories that can produce 500,000 tonnes of hydrogen per year from renewable energy sources by 2025, an executive said on Wednesday of the company at a forum.
The company currently has an annual hydrogen production capacity of 3.84 million tonnes, about half of which is a by-product of its refineries and one-third is coal. It was not immediately clear whether the 500,000 tonnes of “green” capacity would replace some existing facilities or be additional.
Ling Yiqun, vice president of Sinopec Group, said the company will aim to increase the production of green hydrogen to more than one million tons cumulatively during the period 2021-2025 and will focus on the development of the hydrogen as a transport fuel and on the refining of green hydrogen.
Sinopec is committed to being the leading hydrogen company in China and has set up 1,000 hydrogen filling stations across the country.
The company announced at the end of May its first green hydrogen project, a 20,000 tonnes per year plant located in Inner Mongolia, and is expected to launch its first phase in 2022. It also plans to build another 20,000 green hydrogen plant. 000 tons in Xinjiang.
Ling also said Sinopec will build more hydrogen transport pipelines to connect producers and the downstream market. So far, the company operates three pipelines with a total length of only 99 kilometers.
Most of China’s hydrogen is transported by trucks, a more expensive option than operating a pipeline, reaching relatively small markets compared to a network of pipelines.
(Reporting by Emily Chow; writing by Muyu Xu; editing by Kenneth Maxwell)
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