Judging by remarks from those in power, green hydrogen could well play an important role in India’s future.
In a speech last November, Prime Minister Narendra Modi said his country was proposing to launch what he described as “a comprehensive National Hydrogen Energy Mission.”
Presenting the country’s budget last month, Nirmala Sitharaman, India’s finance minister, referenced Modi’s announcement, adding: “It is now proposed to launch a Hydrogen Energy Mission in 2021-22 for generating hydrogen from green power sources.”
The potential of green hydrogen in India was highlighted by a recent report from The Energy and Resources Institute, which is based in New Delhi.
“As of today, essentially all of the hydrogen consumed in India comes from fossil fuels,” TERI’s report, called “The Potential Role of Hydrogen in India,” stated. “However, by 2050, nearly 80% of India’s hydrogen is projected to be ‘green’ – produced by renewable electricity and electrolysis,” it added.
In the mid-term, TERI said the cost of hydrogen from renewables would drop by over 50% by 2030, enabling it to “start to compete with hydrogen produced from fossil fuels.”
Taking a step back and looking at the bigger picture with regards to energy, India’s government is targeting 450 gigawatts of renewable capacity by 2030. The ambition to become a more sustainable country represents a significant challenge: India is the planet’s third biggest emitter of greenhouse gases, with only China and the U.S. ahead of it.