国家能源局：2026年上半年，氢能领域投资同比增速超过160%NEA: Hydrogen Sector Investment Growth Exceeded 160% Year on Year in H1 2026

According to Green Fuel International Business Network, the National Energy Administration held a regular press conference on July 30, at which Xing Yiteng, Deputy Director of the Planning Department, said that investment in the hydrogen sector maintained rapid growth in the first half of the year, up more than 160% year on year, making it a highlight of investment in the energy sector.

Xing Yiteng said that in the first half of the year the energy industry effectively responded to the spillover effects of external conflicts, energy security capabilities were further enhanced, effective investment grew steadily and the pace of green and low-carbon transition continued to accelerate. Investment completed in national key energy projects maintained positive growth on last year's high base, providing support for overall macroeconomic stability.

In terms of investment structure, the construction of new-type power grids continued to accelerate, with power grids, charging and battery-swap infrastructure and new-type energy storage becoming the main growth points of investment, up 13.5%, 21.8% and 74.3% year on year respectively; investment growth in the hydrogen sector was the most striking, exceeding 160%, reflecting the market's strong confidence in the prospects of the hydrogen industry.

On the green and low-carbon transition, as of the end of June combined installed wind and solar power capacity reached 1.95 billion kW, up 16.8% year on year; in the first half of the year renewable energy generation accounted for about 40% of total power generation, and total wind and solar power generation exceeded 1.2 trillion kWh, about one quarter of total social electricity consumption.

More importantly, in the first six months of this year China's coal-fired power generation reached 2.5 trillion kWh, with its share of total power generation falling to 49.7%, the first time the half-year share dropped below 50%, marking phased results in the substitution of non-fossil energy generation and a new breakthrough in the pace of energy transition.

Industry observers believe the surge in hydrogen investment, together with new-type energy storage and charging and battery-swap facilities, forms a hotspot of new energy infrastructure, and is expected to continue optimizing the energy mix during the "15th Five-Year Plan" period and provide support for the carbon peak and carbon neutrality goals.

By sub-sector, green hydrogen production, hydrogen storage and transportation, hydrogen fuel cells and industrial substitution have become investment priorities. As the cost of renewable energy hydrogen production declines and demonstration projects expand, hydrogen is moving from concept to mass production and playing a decarbonization role in hard-to-abate fields such as transportation, chemicals and metallurgy, with broad long-term growth space.