JPE Industry Insights | Hydrogen Industry Overview
2024-08-20
Industry Knowledge PopularizationHydrogen, as a crucial component of a new energy system, plays a significant role in reducing greenhouse gas emissions and accelerating the realization of carbon peak and carbon neutrality goals.
According to the China Hydrogen Energy Alliance, by 2025, China's hydrogen energy industry is expected to achieve a production value of1 trillion yuan; by 2050, hydrogen demand will reach nearly60 million tons, reducing carbon dioxide emissions by approximately700 million tons. Hydrogen will account formore than 10%of China's final energy consumption , with the industry chain's annual output value reaching12 trillion yuan, becoming a new growth driver for economic development.
As a team dedicated to research and development and closely following innovation trends, JPE deeply understands the importance of investing in products, technologies, regulations, and verifications related to new fields. JPE also pays close attention to regulatory and verification standards.
The overview of JPE in the hydrogen industry is as follows:
Comprehensive observation of the hydrogen industry chain reveals that hydrogen energy storage, transportation, and distribution are crucial links. However, they often face uncontrollable transportation risks such as harsh weather conditions, vibration during transportation, and accidents. JPE's ASTM F1387 and EC79 series of products fully demonstrate high reliability in various harsh weather and road conditions.
The high pressure on pressure vessels and the combustibility of hydrogen place extremely stringent requirements on system safety. This means that the overall operational efficiency, precision, reliability, and compatibility of components must be integrated to achieve the optimal state. JPE's compression fittings use reliable stainless steel materials and rubber seals that have passed high-pressure hydrogen testing, providing better stability and corrosion resistance for hydrogen storage systems.
Only with good product reliability can safety issues be fully addressed. Hydrogen pipeline fluids are usually in a high-pressure and high-density state. The chemical composition and mechanical properties of valves, fittings, and pipeline materials have strict specifications to withstand various risks.
JPE-produced various types of valves and fittings have already established a good reputation in the hydrogen transportation industry. Team members not only have rich industry experience but can also work with industry partners in the hydrogen energy industry to pay attention to industry development, cooperate with industry development, and continuously optimize and iterate products to contribute to the vigorous development.