中信证券：氢能综合应用补贴方案出台疏通产业发展堵点卡点

智通财经03-26

智通财经APP获悉，中信证券发布研报称，工信部、财政部、国家发改委联合发布氢能综合应用试点工作通知，将以“揭榜挂帅”方式，遴选产业基础好、场景丰富、氢源保障能力强、产业链完整的城市群开展先行试点。试点将推动氢能应用场景从燃料电池汽车向交通、工业等多元领域拓展，提升清洁低碳氢供给能力，攻克氢能应用技术堵点、突破产业瓶颈，最终形成可复制的商业化应用模式，构建高效的氢能综合应用体系，推动“制储输用”全...

网页链接

免责声明：本文观点仅代表作者个人观点，不构成本平台的投资建议，本平台不对文章信息准确性、完整性和及时性做出任何保证，亦不对因使用或信赖文章信息引发的任何损失承担责任。

精彩评论

我们需要你的真知灼见来填补这片空白

发表看法

{"i18n":{"language":"zh_CN"},"isChannel":false,"data":{"share":"https://www.laohu8.com/m/news/2622788182?lang=zh_CN&edition=full","thumbnail":"","is_english":false,"pubTime":"2026-03-26 09:15","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2622788182","market":"hk","top_or_hot":-1,"title":"中信证券：氢能综合应用补贴方案出台 疏通产业发展堵点卡点","media":"智通财经","content":"<div>\n<p>智通财经APP获悉，中信证券发布研报称，工信部、财政部、国家发改委联合发布氢能综合应用试点工作通知，将以“揭榜挂帅”方式，遴选产业基础好、场景丰富、氢源保障能力强、产业链完整的城市群开展先行试点。试点将推动氢能应用场景从燃料电池汽车向交通、工业等多元领域拓展，提升清洁低碳氢供给能力，攻克氢能应用技术堵点、突破产业瓶颈，最终形成可复制的商业化应用模式，构建高效的氢能综合应用体系，推动“制储输用”全...</p>\n\n<a href=\"http://www.zhitongcaijing.com/content/detail/1419227.html\">网页链接</a>\n\n</div>\n","source":"stock_zhitongcaijing","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>中信证券：氢能综合应用补贴方案出台 疏通产业发展堵点卡点</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n中信证券：氢能综合应用补贴方案出台 疏通产业发展堵点卡点\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-03-26 09:15 北京时间&nbsp;&nbsp;&nbsp;<a href=http://www.zhitongcaijing.com/content/detail/1419227.html><strong>智通财经</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>智通财经APP获悉，中信证券发布研报称，工信部、财政部、国家发改委联合发布氢能综合应用试点工作通知，将以“揭榜挂帅”方式，遴选产业基础好、场景丰富、氢源保障能力强、产业链完整的城市群开展先行试点。试点将推动氢能应用场景从燃料电池汽车向交通、工业等多元领域拓展，提升清洁低碳氢供给能力，攻克氢能应用技术堵点、突破产业瓶颈，最终形成可复制的商业化应用模式，构建高效的氢能综合应用体系，推动“制储输用”全...</p>\n\n<a href=\"http://www.zhitongcaijing.com/content/detail/1419227.html\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU1064130708.USD","symbol_name":"FULLERTON LUX FUNDS - CHINA A EQUITIES \"I\" (USD) ACC","start_time":0,"source_url":"http://www.zhitongcaijing.com/content/detail/1419227.html","article_id":"2622788182","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2622788182","pubTimestamp":1774487730,"columns":[],"sourceInfo":{"source_id":"stock_zhitongcaijing","name":"智通财经网"},"weMediaInfo":null,"summary":"智通财经APP获悉，中信证券发布研报称，工信部、财政部、国家发改委联合发布氢能综合应用试点工作通知，将以“揭榜挂帅”方式，遴选产业基础好、场景丰富、氢源保障能力强、产业链完整的城市群开展先行试点。投资策略重点推荐风电制氢氨醇一体化运营商，在补贴方案明确后，具备大规模生产能力和优秀柔性制备能力的运营商将明确受益，单吨制备成本下降，经济性持续提升。","collect":0,"end_time":0,"defaultTopTitle":"zhitongcaijing.com","property":[],"viewcount":null,"language":"zh","relate_stocks":{"600030":"中信证券","LU1064130708.USD":"FULLERTON LUX FUNDS - CHINA A EQUITIES \"I\" (USD) ACC","LU1720050803.USD":"安联全方位中国股票基金","LU1255011170.USD":"JPM CHINA A-SHARE OPPORTUNITIES \"A\" (USD) ACC","BK0012":"证金概念","LU1781817850.SGD":"Blackrock Systematic China A-Share Opportunities A2 SGD-H","BK0028":"国家队","BK0196":"行业龙头","BK0276":"资本市场","LU1794554557.SGD":"Allianz All China Equity AT Acc H2-SGD","LU1997245094.SGD":"安联神州A股基金AT Acc SGD","LU2495084118.USD":"ALLIANZ CHINA A-SHARES \"ATH\" (USDHDG) ACC","LU1580142542.USD":"Blackrock Systematic China A-Share Opportunities A2 USD","LU1997244956.HKD":"ALLIANZ CHINA A-SHARES \"AT\" (HKD) ACC A","BK1516":"腾讯概念","LU1064131003.USD":"FULLERTON LUX FUNDS - CHINA A EQUITIES \"A\" (USD) ACC","LU0405327494.USD":"ALLSPRING CHINA A FOCUS \"I\" (USD) ACC","BK1147":"投资银行业与经纪业","LU2148510915.USD":"FULLERTON LUX FUNDS - CHINA A EQUITIES \"R\" (USD) ACC","BK1564":"中资券商股","06030":"中信证券","LU2289578879.USD":"ALLIANZ CHINA A OPPORTUNITIES \"AT\" (USD) ACC","BK1521":"挪威政府全球养老基金持仓","LU1655091616.SGD":"JPMorgan Funds - China A-Share Opportunities A (acc) SGD","LU1328615791.USD":"FULLERTON LUX FUNDS - ALL CHINA EQUITIES \"I\" (USD) ACC","BK0183":"MSCI概念","LU0405327148.USD":"ALLSPRING CHINA A FOCUS \"A\" (USD) ACC","BK0188":"融资融券","LU1997245177.USD":"安联神洲A股基金"},"translate_title":"CITIC Securities: Subsidy Scheme for Comprehensive Application of Hydrogen Energy Introduced to Dredge Blocking Points of Industrial Development","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"600030":1.5,"06030":1.5},"content_text":"智通财经APP获悉，中信证券发布研报称，工信部、财政部、国家发改委联合发布氢能综合应用试点工作通知，将以“揭榜挂帅”方式，遴选产业基础好、场景丰富、氢源保障能力强、产业链完整的城市群开展先行试点。试点将推动氢能应用场景从燃料电池汽车向交通、工业等多元领域拓展，提升清洁低碳氢供给能力，攻克氢能应用技术堵点、突破产业瓶颈，最终形成可复制的商业化应用模式，构建高效的氢能综合应用体系，推动“制储输用”全产业链一体化发展，完善产业政策环境、打造优质产业生态。中信证券主要观点如下：各城市群优先选取燃料电池汽车、绿色氨醇、氢基化工原料替代、氢冶金、掺氢燃烧等具备条件的场景开展氢能试点，积极探索创新应用，构建“1个燃料电池汽车通用场景+N个工业领域应用场景+X个创新应用场景”的氢能综合应用生态其中，燃料电池汽车场景以氢能高速、氢能走廊建设为主线，重点推进中重型商用车规模化应用，鼓励城市运营车辆及乘用车场景探索;绿色氨醇场景以提升技术经济性、拓展下游消纳为主线，推进绿氢制绿氨醇规模化发展;氢基化工原料替代场景以炼化、煤化工等行业减碳为主线，以可再生能源制氢替代化石制氢，鼓励配套氢储运设施;氢冶金场景以钢铁行业低碳转型为主线，依托清洁氢源建设低碳冶金装置，拓展低碳钢下游消纳渠道;掺氢燃烧场景以用热低碳化为主线，在保障安全的前提下推进氢掺入天然气管网、锅炉窑炉等设备，逐步提升掺氢比例;创新应用场景则探索氢能在轨道交通、船舶、储能、备用电源、电子制药等多领域的创新应用。补贴总规模达80亿元，解决用氢场景堵点卡点本次氢能综合应用试点以城市群为单位申报，由牵头城市统筹编制明确任务的试点方案、与参与城市明确分工并获取任务承诺函，经牵头省份工信、财政、发改主管部门审核指导后，于2026年4月15日前通过氢能综合应用试点管理服务平台报送至三部门;三部门委托第三方机构开展评审，申报方按评审意见修改完善方案后重报，最终择优确定5个试点城市群，方案成熟一个实施一个。中央财政将以“以奖代补”方式给予支持，单个城市群4年试点期内奖励上限16亿元，奖励资金仅限统筹用于氢能综合应用，需切实降低用氢成本并传导至终端消纳环节。绿色氢氨醇项目强调电解槽电耗及项目柔性负荷调节能力绿色氢氨醇试点项目要求如下：1)碱性水电解制氢系统(包含电源变换、气液分离及纯化)能耗≤5kWh/Nm3，电解槽电流提升/下降速率≥1%/s;质子交换膜(PEM)水电解制氢系统(包含电源变换、气液分离及纯化)能耗≤4.8kWh/Nm3，电解槽电流提升/下降速率≥10%/s;2)绿氨、绿色甲醇生产系统分别实现30%-110%、60%-110%的负荷动态调节。试点目标为：1)构建涵盖可再生能源制氢、绿氨、绿色甲醇产品及其下游消纳的完整产业链条，终端用氢价格不高于25元/千克;2)绿氨、绿色甲醇实际产量不低于设计产能的60%，形成稳定的下游消纳渠道。以提升绿色氨醇技术经济性、扩大下游消费为主线，创新应用柔性智能控制等先进技术，推进绿色氨醇规模化制取和应用。建立稳定的绿色合成氨、绿色甲醇等产品下游消纳渠道，探索可持续的商业化模式。一体化建设适应风电、光伏等波动特性的可再生能源制氢项目，推动电解槽规模应用和技术迭代，因地制宜开展离网制氢。鼓励布局建设输氢管道等规模化氢储运基础设施。投资策略重点推荐风电制氢氨醇一体化运营商，在补贴方案明确后，具备大规模生产能力和优秀柔性制备能力的运营商将明确受益，单吨制备成本下降，经济性持续提升。风险因素：政策补贴发放不及预期，产业技术迭代不及预期，能源战略路线改变。","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"policyRegulatory","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":1,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":false,"tenantId":"TBCN","deviceId":"web-server-community-laohu8-v3","version":"4.42.0","shortVersion":"4.42.0","platform":"web","vendor":"web","appName":"laohu8","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2622788182","isCrawlerRequest":true}

中信证券：氢能综合应用补贴方案出台 疏通产业发展堵点卡点

精彩评论

中信证券：氢能综合应用补贴方案出台疏通产业发展堵点卡点