China Aims to Lower Prices and Broaden Usage of Green Hydrogen

China aims to lower the price of green hydrogen and expand its use to more sectors, doubling down on the costly clean fuel as uncertainty rocks global energy markets.

The nation will soon launch a pilot program to bring the average price of hydrogen for end-users to below 25 yuan ($3.6) per kilogram by 2030, according to a notice jointly released by several government agencies including the Ministry of Industry and Information Technology. The statement did not specify when the program would begin but said applicants could sign up by April 15.