# electrolyser

Beijing Backs Hydrogen with Billions in Prizes as Industry Hunts Cheaper Green Fuel

Beijing has launched a performance‑based pilot scheme that offers up to Rmb1.6 billion per city cluster to scale hydrogen use, with national aims to cut hydrogen prices to Rmb25/kg on average by 2030 and to grow fuel-cell vehicle numbers to 100,000. Industry sees the policy as welcome but says cutting electricity costs and validating new electrolyser technologies are essential to make green hydrogen competitive.