Green Hydrogen will Replace Gray Hydrogen on a Large Scale in the Chemical Industry
2024-5-17
On May 13th, Honeywell and Guangdong Sheng Hydrogen Production Equipment Co., Ltd. signed a green hydrogen industry chain strategic agreement in Beijing. In the subsequent green hydrogen projects, the two sides will explore and cooperate more in digital transformation and intelligent upgrading, achieving the improvement and efficiency of the entire hydrogen energy industry chain. Moreover, combined with user needs, both sides will promote collaborative innovation to provide collaborative solutions and products.
Economy is one of the key issues that constrain the large-scale development of the hydrogen energy industry. Zhao Jiang, Vice President of Honeywell¡äs Process Control Department, told the Daily Economic News that the cost of green hydrogen internationally is about two to three times that of blue hydrogen and gray hydrogen, which hinders the large-scale popularization of electrolytic water hydrogen production technology. At present, the hydrogen production brought about by this technology only accounts for about 5% of the total annual hydrogen output.
Feng Yong, General Manager of Guangdong Sheng Hydrogen Production Equipment Co., Ltd., stated in an interview with the Daily Economic News that the company will focus on research and development of green electricity. The so-called green electricity refers to electricity that is not integrated into the power grid but directly used for hydrogen production. This off grid hydrogen production method can achieve 100% or a certain proportion of effective utilization of new energy electricity. From this perspective, the cost of green hydrogen may be comparable to traditional hydrogen production methods, although this still depends on the actual situation of each specific project.
In terms of industry scale application, green hydrogen will first replace gray hydrogen on a large scale in the chemical industry. Since green hydrogen does not generate carbon emissions during production, it will play an increasingly important role in traditional industries such as refining, chemical industry, and steel as a more environmentally friendly energy choice.
In addition, green hydrogen can also be converted into green ammonia or methanol, which will bring huge potential to industries such as fertilizers and fuel industries. With increasing attention to low-carbon and sustainable development, green ammonia and methanol as non-fossil fuel options will attract more attention. Green ammonia can serve as an effective way to store and transport hydrogen, while methanol is also an important raw material for manufacturing various chemical products. In these industries, green hydrogen will drive a significant reduction in carbon emissions, while also improving production efficiency and economic benefits.
Economy is one of the key issues that constrain the large-scale development of the hydrogen energy industry. Zhao Jiang, Vice President of Honeywell¡äs Process Control Department, told the Daily Economic News that the cost of green hydrogen internationally is about two to three times that of blue hydrogen and gray hydrogen, which hinders the large-scale popularization of electrolytic water hydrogen production technology. At present, the hydrogen production brought about by this technology only accounts for about 5% of the total annual hydrogen output.
Feng Yong, General Manager of Guangdong Sheng Hydrogen Production Equipment Co., Ltd., stated in an interview with the Daily Economic News that the company will focus on research and development of green electricity. The so-called green electricity refers to electricity that is not integrated into the power grid but directly used for hydrogen production. This off grid hydrogen production method can achieve 100% or a certain proportion of effective utilization of new energy electricity. From this perspective, the cost of green hydrogen may be comparable to traditional hydrogen production methods, although this still depends on the actual situation of each specific project.
In terms of industry scale application, green hydrogen will first replace gray hydrogen on a large scale in the chemical industry. Since green hydrogen does not generate carbon emissions during production, it will play an increasingly important role in traditional industries such as refining, chemical industry, and steel as a more environmentally friendly energy choice.
In addition, green hydrogen can also be converted into green ammonia or methanol, which will bring huge potential to industries such as fertilizers and fuel industries. With increasing attention to low-carbon and sustainable development, green ammonia and methanol as non-fossil fuel options will attract more attention. Green ammonia can serve as an effective way to store and transport hydrogen, while methanol is also an important raw material for manufacturing various chemical products. In these industries, green hydrogen will drive a significant reduction in carbon emissions, while also improving production efficiency and economic benefits.