Green Hydrogen : New Report
A new report has positioned India as a potential global leader in the green hydrogen economy, with the capacity to capture 10% of the worldwide market and export 10 million tonnes annually by 2030.
- Green Hydrogen refers to hydrogen produced through electrolysis, where renewable energy sources like solar, wind, or hydro are used to split water molecules (H₂O) into hydrogen (H₂) and oxygen (O₂).
- It can also be produced via biomass gasification, a process that converts biomass into hydrogen-rich gas.
- Its uses include a wide range of applications such as Fuel Cell Electric Vehicles (FCEVs), aviation and maritime transport, and various industrial sectors like fertilizers, refineries, and steel.
- It also holds potential in road and rail transport, shipping, and power generation.
- India’s Green Hydrogen Ambitions: Through policies like the National Green Hydrogen Mission, Green Hydrogen Certification Scheme, and development of Green Hydrogen Hubs at Kandla, Paradip, and Tuticorin, India MAPS its Green Hydrogen Ambitions as follows:
- M – Market Leadership: Capture 10% of the global GH2 market by 2030, projected to cross 100 MMT.
- A – Abatement of Emissions: Enable ~50 MMT CO₂ reduction annually, aligning with India’s NDC and net-zero goals.
- P – Powering Production: Develop 5 MMT per annum of GH2 production capacity by 2030.
- E – Employment Creation: Generate 6 lakh+ green jobs across the GH2 value chain, from R&D to production, storage, and export.
