The geopolitics of hydrogen and the emerging role of China

The Chinese government is a relative latecomer among major economies to the formulation of a dedicated hydrogen strategy. Its Mid-and-Long-Term Hydrogen Industrial Development Plan (2021–2035) was published in March 2022. Moreover, the strategy remains relatively modest when it comes to the promotion of hydrogen supply, targeting 100,000 to 200,000 tons of renewable hydrogen production per year by 2025. This compares with the EU’s ambition to install 6 GW of electrolyser capacity by 2024 to produce approximately 1 million tons of renewable hydrogen per year.  

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