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On Hotspots NO.10 2020 / 12

Asia
The Japanese government developed Strategic Roadmap for
Hydrogen and Fuel Cells in 2014, which has been revised twice since
then. Japan plans to narrow the price gap between hydrogen fuel cell
vehicles and hybrids to JPY 700,000 by around 2025. The Japanese
government is using the Tokyo Olympics as an important opportunity to
promote the realization of a hydrogen society, and sponsor Toyota Motor
Corporation plans to provide about 500 hydrogen fuel cell vehicles as official vehicles.

In 2019, the South Korean government announced Hydrogen Economy Roadmap for Korea with
the goal of “leading the development of the global hydrogen fuel cell vehicle and fuel cell market”.
According to the plan, by 2025, South Korea will create a production system with an annual production of
100,000 hydrogen fuel cell vehicles; by 2040, the cumulative production of hydrogen fuel cell vehicles
will increase to 6.2 million units, and the number of hydrogen fuel cell vehicle charging stations will
increase to 1,200, creating an annual added value of KRW 43 trillion and 420,000 jobs.

Malaysia launched Hydrogen Energy Roadmap in 2005, and in 2019, Malaysia's first hydrogen fuel
cell bus was put into trial operation. PETRONAS is seeking capital and expertise to advance the
hydrogen energy development process, including through memoranda of understanding.

China has not yet issued a special policy on hydrogen energy at the national level, but the Energy
Technology Innovation Plan of Action (2016-2030) and Made in China 2025 - Energy Equipment
Implementation Plan introduced in 2016 have raised the development of hydrogen energy industry to a
national strategic level. In 2020, hydrogen energy was included in China's 14th Five-Year Plan for 59
renewable energy development.

Africa
South Africa is to
establish a Platinum
Europe The EU Valley that will serve as an
published industrial cluster bringing
the EU Hydrogen v arious h y dr og en
Energy Strategy in applications in the country
J ul y 2020 and together to form an integrated hydrogen
established the ecosystem. The initiative is part of the government's
European Clean Hydrogen Alliance, which plans economic recovery plans. South Africa's version of
to have 40 GW of production capacity and a "hydrogen valley" will identify concrete project
produce 10 million tons of hydrogen by 2030, opportunities for kick-starting hydrogen activities
and to increase the share of hydrogen in the in promising hubs, with the aim of boosting
energy mix to 12-14% by 2050 in order to achieve economic growth and job creation, spurring the
the carbon-neutral target. Within Europe, the UK, development of new industries, increasing the
the Netherlands, Portugal, Norway, Germany, valorisation of the country's platinum reserves, and
Spain, France, Finland and Italy have issued reducing its carbon footprint.
national hydrogen energy strategies or roadmap.

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