Guangzhou issued comprehensive subsidy policies to support hydrogen development
Image: hydrogen supply center- Guangzhou Petrochemical Co., Ltd.
Guangzhou, the capital city of Guangdong province, issued a document regarding hydrogen energy for public consulting on May 16. This document specifies subsidy policies across hydrogen value chain from municipal budget. The major policies include:
1. Exempt non-chemical use hydrogen production plants from dangerous chemical control rules. Developers now could construct and operate hydrogen production plants outside chemical industry parks which could significantly boost hydrogen production near intake zones.
2. Subsidy to hydrogen refueling stations construction. Multi-fuel refueling stations established between 2021-2025 are eligible for Rmb1 million each from municipal budget; stand-alone hydrogen refueling stations could get Rmb0.5 million subsidy each.
3. Subsidy to hydrogen refueling stations operation.