on july 25, the national energy administration released the china hydrogen energy development report 2023 (hereinafter referred to as "report"). this report focuses on the development of the hydrogen energy industry in 2023 both domestically and internationally and provides an outlook for china's hydrogen energy industry in 2024.
the report indicates that in 2023, china's hydrogen energy industry made steady progress, adhered to innovation-driven development, accelerated the construction of a hydrogen energy innovation system, and continuously improved the foundational institutional system for industrial development, contributing to the creation of a clean, low-carbon, safe, and efficient energy system.
in terms of global hydrogen energy development, various countries continuously updated their development strategies for the hydrogen energy industry, maintained a growth trend in hydrogen energy production, and accelerated the international hydrogen energy trade. the global hydrogen prices continued to decline, with diverse application scenarios rapidly implemented. the key equipment was iterated rapidly.
regarding china's hydrogen energy development, the scale of hydrogen supply and demand remained stable. meanwhile, china is exploring new international cooperation and improving the clean supply system. by facilitating innovative development in diverse application areas, the level of independent research and development has significantly improved.
in 2024, china's hydrogen energy industry aims to enhance key core technology levels, promote diverse industrialization in an orderly manner, strengthen cooperation and exchange, empower the high-quality development of the industrial chain, gradually build new quality productive forces in the energy sector, and actively support the transition of the energy structure through the development of hydrogen energy.