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Hydrogenation and power exchange, Sinopec still wants to be the big brother of the electric era?

On December 9, Sinopec established a new energy company in Xiong'an New Area, with the main businesses of hydrogen refueling station operation, hydrogen storage and transportation/research and development. In other words, Sinopec has also entered the hydrogen energy market.

Hydrogenation and power exchange, Sinopec still wants to be the big brother of the electric era?

Compared with electric vehicles, hydrogen energy vehicles are more suitable for being called new energy vehicles. Hydrogen can be produced from renewable sources, does not rely on fuels such as oil, and has a very short recharge time, making the experience close to that of a fuel car. As a result, there will be hundreds of hydrogen vehicles serving during the Beijing Winter Olympics, such as Toyota's Mirai. The service for these hydrogen energy vehicles is Sinopec's hydrogen refueling station.

Hydrogenation and power exchange, Sinopec still wants to be the big brother of the electric era?

As early as 2019, Sinopec has begun to build hydrogen refueling stations to serve the Winter Olympics, and has completed the construction of 4 hydrogen refueling stations, with a single-day hydrogen supply capacity of more than 1,000kg.

In addition, Sinopec has also laid out a number of pilot hydrogen refueling stations in Guangdong, Shanghai, Zhejiang and other places, with an annual hydrogen production of 3.9 million tons, accounting for about 11% of the country's hydrogen production, and is the largest hydrogen production enterprise in China. At the same time, Sinopec also plans to build 1,000 hydrogen refueling stations or oil-hydrogen joint construction stations nationwide by 2025.

Not only the hydrogen refueling station, Sinopec has also previously announced that it will build 5,000 charging and replacing power stations in 2025.

In April this year, Sinopec has signed strategic cooperation agreements with TWO motors and Aodong New Energy, and NIO's first second-generation replacement power station is also put into operation at the same time. By December 8, Sinopec's 1,000th charging and replacement power station had been officially put into operation.

Hydrogenation and power exchange, Sinopec still wants to be the big brother of the electric era?

In fact, if you look at the endurance of a single time, the endurance level of electric vehicles has far exceeded most oil vehicles, but the problem lies in the link of energy replenishment, one is that there are few charging stations, and the other is that the charging time is long.

If electric vehicles want to get rid of the identity of electric fathers, they must start from the link of replenishment. At present, in the market, in addition to the Tesla supercharging station that is temporarily closed to the public, the charging stations that are widely rolled out are only special calls, the National Grid, and Star Charging. If it is on a high-speed network, the only thing that can be seen is the national grid.

Hydrogenation and power exchange, Sinopec still wants to be the big brother of the electric era?

In addition to the State Grid, only Sinopec/PetroChina companies have large-scale rollout of charging stations nationwide. Obviously, PetroChina has slowed down a step. Sinopec already has more than 30,000 gas stations in the country, and even if it is only on the basis of this gas station, it will be a very considerable magnitude. From this point of view, in the era of electrification, it seems that it is not difficult for Sinopec to be a big brother again.

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