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Although the global hydrogen energy industry market rollout slowed down in 2020 due to the COVID-19
pandemic, the commercialization application cases and demonstration project categories increased significantly. Nearly
20 countries or regions around the world have released or formulated national hydrogen energy strategies, accounting
for more than 70% of the whole world.

America

The concept of “hydrogen economy” was introduced in the
United States in 1970. In 2003, the U.S.-led International
Partnership for Hydrogen and Fuel Cells in the Economy (IPHC) was
established. Since 2004, the U.S. has invested more than USD 120
million per year in hydrogen energy industry projects, laying the
groundwork for a key technological advantage. In 2019, the Fuel Cell
and Hydrogen Energy Association released US Hydrogen Road Map,
58 which sets a goal of 5.3 million fuel cell vehicles and 5,600 hydrogen refueling stations by 2030.

In December 2020, Canada unveiled a hydrogen strategy with the goal to be one of the
world's top-three producers of the low-emitting fuel by 2050. The strategy would try to
deliver as much as 30% of Canada's energy in the form of hydrogen by 2050, a target for net-zero
emissions. The country could be producing more than 20 million tonnes per year of clean
hydrogen by then at a price of C$1.50/kg to C$3.50/kg. The government estimated that at that
level of hydrogen production, there would be an annual reduction of as much as 190 Mt/y of
carbon dioxide-equivalent emissions.

Oceania New Zealand released New Zealand Government Green
Paper: A Vision for Hydrogen in New Zealand in September
2019, with plans to achieve 100% renewable electricity by 2035 and
transition to a clean, green, zero-carbon economy by 2050. New
Zealand is expected to have a network of 200 hydrogen refueling
facilities covering major cities by 2050.

Australia's National Hydrogen Strategy, released in November 2019, identifies 15 major
development goals and 57 joint actions to establish Australia as one of the top three hydrogen
export bases in Asia, as well as a global leader in hydrogen safety, hydrogen economy and hydrogen
certification.

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