Green Hydrogen Revolution in India: Strategies to Meet National Targets
Key Ideas
  • Blending green hydrogen in key sectors like oil refining and fertiliser production can generate up to 3 MMT of demand by 2030.
  • The report suggests strategies to scale up demand for green hydrogen to meet India's target of producing 5 MMT annually by the end of the decade.
  • Public procurement, export growth, and sector-specific substitutions are identified as key drivers to achieve the green hydrogen demand goals.
  • The adoption of green hydrogen is seen as a strategic move towards energy independence, global competitiveness, and cost-neutral options in various industries.
A recent report released by the Confederation of Indian Industry (CII), Bain & Company, and Rocky Mountain Institute (RMI) in New Delhi outlines strategies to boost the demand for green hydrogen in India. Blending green hydrogen into sectors like oil refining and fertiliser production could generate significant demand, with the potential to achieve 3 MMT by 2030. The report emphasizes the importance of transitioning to green hydrogen to meet the national target of producing 5 MMT annually by the end of the decade. Key sectors such as refining, fertiliser, and piped natural gas are highlighted for potential green hydrogen integration. Additionally, public procurement, export-oriented growth, and sector-specific substitutions are identified as crucial levers to drive green hydrogen demand. The report envisions India's green hydrogen journey as a strategic shift towards energy independence and global competitiveness. The adoption of green hydrogen is viewed favorably in niche sectors like chemicals, glass, and ceramics where the shift from grey hydrogen could offer cost-neutral alternatives. The report also underscores the importance of long-term offtake agreements, blended finance, carbon pricing frameworks, hydrogen hubs, and international certification to support the full-scale adoption of green hydrogen projects. Overall, the sentiment towards green hydrogen in India is positive, with a focus on leveraging various strategies and collaborations to achieve the ambitious national targets and contribute to sustainable energy practices.
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