Changing trend: In this file photo, a PetroChina gas station attendant in Beijing is seen returning the nozzle at the pumps. As climate change impacts lives, hydrogen energy is expected to play a vital role in the transition to carbon-free societies in China. ― AFP
SHANGHAI: With China’s carbon neutrality pledge further elevating hydrogen’s strategic position in the country, companies are showing more enthusiasm than ever, actively involving themselves in hydrogen power production, storage, refuelling and related businesses.
While more than one-third of centrally administered state-owned enterprises are gearing up to tap China’s hydrogen power development, at least 23 provinces nationwide have also announced hydrogen plans by August, according to figures released by BloombergNEF.