SHANGHAI, Nov. 4 (Xinhua) -- Shenergy Group, a state-owned company based in east China’s Shanghai, treats new energies and hydrogen as ways to peak carbon by 2030 and achieve zero carbon by 2060, said the company’s vice president Song Xuefeng from the WLA Zero-Carbon Forum held in Shanghai on November 3.
Song Xuefeng speaks at the WLA Zero-Carbon Forum
Shenergy pays great attention to the commercialization and low-costs of new energy techs, said Song. For example, Shenergy is optimistic about perovskite solar cells, which have higher energy efficiency and cost about 0.5-0.6 yuan for a kilowatt hour of electricity, nearly halving the cost of crystalline silicon photovoltaic cells.
Song also introduces Shenergy’s offshore wind power project with a total installed capacity of 1.2 million kilowatts, the first offshore wind project in south China’s Hainan Province during the 14th Five-Year Plan period (2021-2025), with a total investment of about 15 billion yuan (2.06 billion U.S. dollars). Shenergy won the bid in October and aims to kick off the high quality project as soon as possible.
China's coastal regions are rich in wind energy resources and have large power demand for economic development, meaning the new project, close to the demand side, can be easily connected to electricity grids and directly absorbed by local users, said Song. Shenergy is going to build 1.2 million kilo-watts of offshore wind power project in Hainan.
Song said hydrogen plays an important role in Shenergy's development strategies, regarding the energy carrier as the company’s key growth points in the future.
During 2021-2025, Shenergy will focus on the deployment of electrolyzers, storage and transportation as well as fuel cells to form high-end hydrogen industry chains, laying foundations for the construction of hydrogen demonstration and application scenarios.
To eliminate the bottlenecks in hydrogen transport process, Song said in the short term, high-pressure hydrogen storage is the most mature short-distance transportation method, and in the long run, organic liquid carrier hydrogen storage, a chemical storage tech, has comprehensive advantages in terms of storage and transportation, safety, cost and recyclability.
Meanwhile, Song noted the importance of batteries in futuristic energy systems, looking forward to the emerging flow battery technologies, as the battery is safer and can be accessibly recycled despite expensive investment under the early stage of commercialization.
“Scientists are exploring possible solutions for critical issues, while entrepreneurs are making these possibilities become reality,” said Song, adding that it’s of great importance that a technology is commercially feasible. “Shenergy has been eyeing on providing green and affordable energies,” he said. (Contributed by Deng Kan, edited by Wang Sheng, wangsheng@xinhua.org)
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