According to the GOVERNMENT OF INDIA MINISTRY OF NEW AND RENEWABLE ENERGY, Green Hydrogen is likely to play a critical role in India’s energy transition, particularly in decarbonization of hard to abate sectors.
These national strategies largely seek to tackle the common underlying challenges of scaling up Green Hydrogen production, enhancing Hydrogen use across sectors, developing technologies, and designing enabling policies and regulations.
There is clear focus on government funding and support for R&D, measures for demand
creation and financial support for manufacturing and infrastructure development.
Indian National Green Hydrogen Mission is a step in this direction. The Mission is expected to facilitate deployment of Green Hydrogen ecosystem and create opportunities for innovation and investments across the Green Hydrogen value chain, translating into investments, jobs and economic growth.
The Government of India interventions will ignite the process and provide required impetus for unlocking the market potential in various sectors through cost reduction and economies of scale.
India has declared the goal to achieve Net Zero emissions by 2070. As India’s growth story
unfolds, its demand for energy and resources is set to rise. Energy use has doubled in the last
20 years and is likely to grow by at least another 25% by 20301
. India currently imports over 40% of its primary energy requirements, worth over USD 90 billion every year. Major sectors like mobility and industrial production are significantly dependent on imported fossil fuels.
This necessitates a shift towards technologies that enable enhanced share of renewable sources
in the energy mix, and progressively reduce the reliance on fossil fuels. 2.2 Green Hydrogen, produced using renewable energy, has the potential to play a key role in suchlow-carbon and self-reliant economic pathways.
Green Hydrogen can enable utilization of domestically abundant renewable energy resources across regions, seasons, and sectors, feeding multiple usage streams, either as a fuel or as an industrial feedstock. It can directly replace fossil fuel derived feedstocks in petroleum refining, fertilizer production, steel manufacturing etc.
Hydrogen fuelled long-haul automobiles and marine vessels can enable
decarbonisation of the mobility sector. Green Hydrogen can be particularly useful as a versatile
energy carrier for meeting energy requirements of remote geographies, including islands, in a
sustainable manner.
