Hydrogen News, page-3698

China’s 15 Year Transportation Plan

In a 15 year plan for new energy vehicles released on November 2, China’s State Council said the country will focus on building the fuel-cell supply chain and developing hydrogen-powered trucks and buses. China is planning to have 1 million fuel cell vehicles in operation by 2030 according to a report by Business Standard. At the moment, most commercial hydrogen in China is derived from fossil fuel sources and is more expensive than electricity. That could be changing, however. A new wind and solar installation in Inner Mongolia is expected to produce up to 500,000 tons of hydrogen a year beginning in 2021. State-owned oil refiner Sinopec said on October 29 it is investing in hydrogen production, transportation, and fuel cells and is building a network of hydrogen vehicle refueling stations.