Hydrogen Energy: Development Prospects, Current Obstacles and Policy Suggestions under China's "Dual Carbon" Goals

Hydrogen energy has an advantage over conventional fossil energy because of its clean and low-carbon features, while its stability gives it an advantage over renewable energy sources such as hydropower, photovoltaic (PV) power, and wind power. Using hydrogen as a fuel can achieve zero carbon emissions or even net zero emissions at the end of energy conversion. Moreover, with hydrogen as the carrier, an energy system of multi-energy complementarity will be established by coupling multiple energy systems such as power grids, gas grids and heat networks, which can realize the comprehensive utilization of renewable energy sources in an efficient, stable, and flexible manner. Based on the "dual carbon" goals, this paper targets sectors with high carbon emissions represented by electric power, steel and transportation, analyzes the feasible path of using hydrogen energy to promote deep carbon reduction, and points out the obstacles faced by hydrogen energy development in various sectors. On account of the current development and expected prospects, this paper proposes that the current focus of hydrogen energy industry is to coordinate the development of industrial sectors and regions, build a pattern that can facilitate the industry's systematic and concerted development, address key technical challenges (such as green hydrogen production or hydrogen storage and transportation via pipeline), improve industrial standards, and promote the industry's development in a balanced, coordinated and orderly way.