GE Vernova bullish on China's green sector

Detailed summary

Green hydrogen-powered gas turbine technology is unlocking massive development opportunities for China, offering a strategic pathway for technological leapfrogging as the country…

Green hydrogen-powered gas turbine technology is unlocking massive development opportunities for China, offering a strategic pathway for technological leapfrogging as the country accelerates its green and low-carbon transition, a top executive of energy technology company GE Vernova said.

Speaking on the sidelines of the ninth China International Import Expo in Shanghai, Xu Xin, chairman of GE Energy Investment (China) Co Ltd, highlighted that green hydrogen gas turbines provide deterministic opportunities for renewable energy accommodation and rapid peak-load regulation, reinforcing grid stability and enabling the power grid to absorb a higher proportion of clean energy.

"High proportions of renewable energy are the most prominent feature of the new power system, as well as the primary risk and difficulty in ensuring its safe and stable operation," Xu said. "As the share of renewables continues to rise, the power system urgently requires flexible peak-shaving generation that can respond rapidly and provide reliable support during consecutive low-wind and low-solar periods."

"In China, bolstered by unique institutional strengths and world-leading scale advantages in new energy, we possess the solid foundation needed to overtake on a curve in the green hydrogen gas turbine race," he said.

Looking globally, China is expected to become the first country to achieve large-scale industrial power generation with green hydrogen, Xu added.

According to a report jointly released by GE Vernova and the Institute of Energy of Peking University, green hydrogen gas turbines will serve as primary peaking power sources across major application scenarios, including large-scale renewable energy bases, load centers, zero-carbon industrial parks in major load-receiving areas, data centers and industrial load agglomeration zones.

The report notes that China boasts massive wind and solar resource endowments, meaning total green hydrogen resource volume does not constitute a constraint.

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