Globally, hydrogen production primarily relies on fossil fuels, accounting for approximately 80% of the total production. Against the backdrop of China's "Dual Carbon" policy, the proportion of "green hydrogen" produced through electrolysis using renewable energy sources such as solar or wind power is expected to gradually increase. It is projected to reach 70% by the year 2050.
Green Hydrogen Demand
The integration of green electricity from sources such as wind and solar power is transitioning hydrogen production from grey to green.
By 2030: Global demand for green hydrogen is projected to be approximately 8.7 million tons per year.
By 2050: Global demand for green hydrogen is expected to rise to approximately 530 million tons per year.
Water electrolysis for hydrogen production is a key technology enabling the transition from green electricity to green hydrogen production. In the production of applications utilizing green hydrogen, Wobo has developed comprehensive capabilities across the entire production chain, including research and development, design, machining, equipment manufacturing, assembly, testing, and operations and maintenance.
With the innovation of Wobo's water electrolysis technology, we anticipate achieving more efficient and cost-effective hydrogen production. This advancement is expected to reduce the energy consumption required during the electrolysis process, thereby improving the efficiency of hydrogen production. Such developments will contribute to advancing the sustainable development of hydrogen energy and reducing reliance on fossil fuels.