Reflecting on National Green Hydrogen Mission launched in 2023, PM outlined India’s goals to make it a global hub for production, utilization and export of Green Hydrogen (GH2).
How India can become a global hub for GH2?
- Production: To achieve target of 5 Million Metric Tons (MMT) of GH2 production, India needs an investment of $100 billion. Steps that can be taken:
- Funding: PPPs to mobilise private sector capital and expertise to finance GH2 projects.
- Partnerships: Collaborating with global leaders for technical expertise and knowledge transfer.
- Innovation: Continued investment in R&D to enhance efficiency of electrolyser and fuel cell technologies.
- Utilization: GH2 could 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 mobility sector.
- Export: A global demand of over 100 MMT of GH2 and its derivatives like Green Ammonia is expected to emerge by 2030.
- India can potentially export about 10 MMT GH2/Green Ammonia per annum.
Challenges faced in GH2 Production
- Costly technology poses a challenge to large-scale deployment.
- Technical and logistical challenges in transporting Hydrogen over long distances.
- Absence of a regulatory framework for GH2 can impede growth and investment.
About Green Hydrogen
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