--- title: "When green hydrogen enters the 25 yuan era, it will be comparable to gasoline and diesel" type: "News" locale: "en" url: "https://longbridge.com/en/news/280862893.md" description: "At the 2026 China Hydrogen Energy Exhibition, expert Yu Zhuoping pointed out that energy transition is key to achieving carbon emission targets and ensuring national energy security. With the rise in international oil prices, China is accelerating its transition to renewable energy sources such as wind power, solar power, and green hydrogen. Hydrogen energy is positioned as a new strategic growth point for the country, aimed at breaking the constraints of energy resources and achieving the \"dual carbon\" goals. Although China's annual hydrogen production has exceeded 30 million tons, the cost of green hydrogen remains high and market acceptance is low, necessitating solutions to the high cost issues in production, storage, and transportation" datetime: "2026-03-28T04:01:08.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/280862893.md) - [en](https://longbridge.com/en/news/280862893.md) - [zh-HK](https://longbridge.com/zh-HK/news/280862893.md) --- # When green hydrogen enters the 25 yuan era, it will be comparable to gasoline and diesel Zhongxin Jingwei, March 28 (Song Yafen, Intern Liu Nian) "Energy transition is not only a requirement for achieving carbon emission targets, but more importantly, it ensures the energy security of our country's development." On March 25, at the "2026 China Hydrogen Energy Exhibition and International Hydrogen Energy Conference" held in Beijing, Yu Zhuoping, director of the Expert Committee of the China Hydrogen Energy Alliance and professor at Tongji University, made the above statement in an exclusive interview with Zhongxin Jingwei. Since the outbreak of conflicts in the Middle East, international oil prices have surged significantly due to the near blockage of the oil transport lifeline through the Strait of Hormuz. "Once transportation is completely cut off, oil prices will continue to skyrocket, threatening a country's energy security." Yu Zhuoping stated that our country recognized this issue early on and has been transitioning to renewable energy sources such as wind power, solar power, and green hydrogen. In the 2026 "Government Work Report," hydrogen energy was mentioned for the first time and positioned as a "new growth point." In Yu Zhuoping's view, this sets a national strategic tone for the development of China's hydrogen energy industry. The choice of hydrogen energy as a national strategy is not only an inevitable move for our country to break through the constraints of energy resource endowment and ensure energy security but also a core path to achieving the "dual carbon" goals. Yu Zhuoping further explained that China's resource endowment is rich in coal but lacking in oil and gas, making energy security a significant challenge for our country. As a developing country, we aim for development, which requires substantial energy consumption. After the establishment of the "dual carbon" goals, the contradiction between the two has become more pronounced. "Compared to Western countries, our timeline for achieving 'carbon peak and carbon neutrality' is shorter and the challenges are greater. Therefore, in promoting the 'dual carbon' goals, renewable energy is a field we must vigorously advance. However, renewable energy sources like wind and solar power are unstable, which necessitates a carrier that can store and transport energy over long periods and across regions, making hydrogen energy the recognized optimal solution. Thus, the country has implemented a national strategy to build a new energy system of 'wind-solar-hydrogen,'" Yu Zhuoping said. Yu Zhuoping pointed out that China is a major hydrogen-producing country, with an annual hydrogen production exceeding 30 million tons. However, hydrogen has previously been mostly derived from coal and petrochemical energy, known as "gray hydrogen," costing only a few dozen yuan per kilogram. In contrast, the cost of green hydrogen is relatively high, leading to lower market acceptance. "The biggest challenge currently is the high cost issues in the production, storage, and transportation stages." Yu Zhuoping stated that in response to this issue, our country is promoting the construction of energy bases and reducing storage and transportation costs through pipeline construction. "Relying on abundant wind and solar resources, the cost of green hydrogen production in western China is already at a globally leading level, but the local consumption capacity for green hydrogen is limited. Therefore, the current focus is on planning the construction of storage and transportation pipelines in the western region. Once breakthroughs are achieved, the price of green hydrogen can be reduced," Yu Zhuoping said. As an energy source, hydrogen is also an important development direction for vehicle electrification. China's earliest commercial exploration of hydrogen energy also began in the transportation sector with fuel cell vehicles. Yu Zhuoping explained that this is mainly because the green hydrogen price acceptable in this industry tends to be relatively higher Recently, the Ministry of Industry and Information Technology and other three departments proposed in the "Notice on Carrying Out Pilot Projects for Comprehensive Hydrogen Energy Applications" that by 2030, the average price of hydrogen for end-use should be reduced to below 25 yuan/kg, with efforts to bring it down to around 15 yuan/kg in some advantageous regions. "When the price of green hydrogen is in the range of 25-30 yuan/kg, it can already compete fully with gasoline and diesel in the transportation sector. Even in scenarios where the electricity price for public fast charging piles is relatively high, the energy price of green hydrogen can be close to it," said Richard Yu, believing that hydrogen energy still has significant advantages in commercial application scenarios such as operating vehicles and long-distance freight vehicles. In addition, China is also accelerating the expansion of green hydrogen into other application scenarios. The "Notice on Carrying Out Pilot Projects for Comprehensive Hydrogen Energy Applications" also proposed to explore innovative application scenarios for hydrogen energy, forming a comprehensive hydrogen energy application ecosystem of "1 general scenario for fuel cell vehicles + N industrial application scenarios + X innovative application scenarios." Richard Yu stated that this pilot project for comprehensive hydrogen energy applications is an upgrade based on the previous round of transportation scenario demonstrations, marking that China's hydrogen energy industry will transition from exploring single scenarios to comprehensive applications across multiple fields. Regarding the future of the hydrogen energy industry, Richard Yu is full of expectations. He believes that the "14th Five-Year Plan" period will be a critical period for the development of hydrogen energy in China, as the industry moves from the exploration phase to large-scale, industrialized, and commercialized stages, achieving a leap from "following" to "running alongside." **Copyright © Zhongxin Jingwei, unauthorized reproduction or other use is prohibited.** ### Related Stocks - [HYDR.US](https://longbridge.com/en/quote/HYDR.US.md) - [HDRO.US](https://longbridge.com/en/quote/HDRO.US.md) ## Related News & Research - [FuelCell Energy Leads Hydrogen Stocks Lower. 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