Time:2022-07-20 View:431
We’re thrilled to share that our technical team, in collaboration with the REFIRE Remodeling Group and the Shanghai Environment and Energy Exchange, has developed the 101st small scale CDM methodology for hydrogen fuel cell vehicles. It’s expected to be fully approved at the 115th session of the CDM Executive Board, set to convene in Jamaica from September 5 to 8, 2022.
Our inaugural methodology proposal, submitted in December 2021, underwent a rigorous review by the CDM Methodologies Panel during their 87th and 88th meetings. We were elated when it received preliminary approval on July 14, 2022. We are excited about its potential, having seen the impact of our prior work in devising the CCER methodology for the production and sale of biomass gas.
The Shanghai Environmental Exchange, with its strong foundation in industry research and notable role a part of the national carbon emission trading system, provided invaluable support. Their profound insights into industry emissions, combined with a detailed understanding of emission reduction technologies, greatly contributed to the development of this hydrogen vehicle methodology.
The surge of interest in the hydrogen energy sector has led to an increase in the technology’s adoption, with many regions, including China, the US, Europe, Japan, and South Korea, recognizing its strategic importance. Through China's government rolling out its "Medium- and Long-Term Plan for the Development of the Hydrogen Energy Industry (2021-2035)" in 2022, we have observed a notable increase in the number of domestic regions issuing plans to accelerate the development and real-world application of hydrogen energy.
Our meticulously developed hydrogen vehicle methodology is tailored for the next generation of vehicles employing hydrogen fuel cell technology, across both passenger and cargo transportation use cases. Given hydrogen's ability to produce zero emissions, these vehicles will play a greater role in reducing automobile emissions compared to traditional, hybrid, and electric alternatives. A significant reduction in greenhouse gas emissions is on the horizon in light of road vehicle emissions accounting for a sizeable portion of China's total GHG output.