India's Green Hydrogen Plan: Tracking Utilisation and Global Partnerships
Key Ideas
- India is developing a plan to track green hydrogen use and establish global partnerships for its export in efforts to promote adoption and decarbonisation.
- Traceability of green hydrogen is crucial to differentiate between grey and green hydrogen, particularly in sectors like steel production.
- Concessions for green hydrogen exports are being considered in trade agreements, such as the India-EU FTA, to support the growth of green hydrogen.
- The National Green Hydrogen Mission aims for India to become a global hub for green hydrogen production, targeting 5 million tonnes per annum by 2030.
India is focusing on tracking the utilization of green hydrogen and fostering global partnerships for exporting the fuel, as stated by Santosh Kumar Sarangi, the Secretary of the Ministry of New and Renewable Energy. The goal is to ensure traceability of green hydrogen usage, especially in sectors like steel production where differentiating between green and grey hydrogen is critical for decarbonisation efforts. The country is also considering concessions for green hydrogen exports within trade agreements, including discussions within the India-EU Free Trade Agreement.
Sarangi highlighted the importance of identifying, tracing, and tracking the final products made with green hydrogen, in alignment with India's National Green Hydrogen Mission. Launched in January 2023 with a substantial budget, the mission aims to position India as a global leader in green hydrogen production, usage, and export, with a target of 5 million tonnes per annum by 2030.
Efforts are underway to collaborate with green hydrogen producers and global stakeholders to establish the necessary infrastructure for exporting green hydrogen. Discussions are taking place with European partners like the Port of Rotterdam and Port of Antwerp to ensure the right transmission lines for green hydrogen exported to these countries.
In a related development, Sumant Sinha, Chairman and CEO of ReNew, highlighted challenges in wind speed forecasts affecting renewable energy projects. Sinha noted discrepancies in wind speed predictions impacting the performance of wind turbine-based projects, leading to under-generation. ReNew, with a significant wind energy portfolio, is adapting to these challenges by making adjustments for future generation forecasts to improve project output.
Topics
Green Hydrogen
Renewable Energy
Energy Transition
Decarbonisation
Green Initiatives
Steel Production
Trade Partnerships
Export Agreements
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