India's Journey Towards Renewable Energy and Green Hydrogen Leadership
Key Ideas
- India is set to achieve the 50 per cent renewable energy milestone of 472 gigawatts by the end of the year, showcasing significant progress in energy generation efforts.
- Manohar Lal Khattar highlights the importance of energy storage systems for grid stabilization and reliable clean energy, with a significant reduction in energy storage costs over the years.
- India is making strides towards green hydrogen production with a mission to produce 10 million metric tonnes, establishing an electrolyser capacity of 60 to 100 gigawatts to reduce oil dependency and lead in next-generation fuel production.
- The country aims to increase its energy storage capacity to around 74 gigawatts by 2031-32, emphasizing the need for steady capacity growth to meet future energy demands.
In New Delhi, Union Power Minister Manohar Lal Khattar announced that India is well on track to achieve the 50 percent renewable energy milestone of 472 gigawatts by the end of the year. He emphasized the crucial role of energy storage systems in stabilizing the grid and ensuring reliable clean energy round the clock. The minister also noted the significant decline in energy storage costs, making it more accessible. India is focusing on green hydrogen production to reduce oil dependency and enhance energy independence. With a dedicated green hydrogen mission and substantial investment, the country aims to produce 10 million metric tonnes of green hydrogen and establish a significant electrolyser capacity. Ghanshyam Prasad, Chairperson of the Central Electricity Authority, highlighted the current and future energy storage capacities, stressing the need to increase capacity steadily to meet the growing energy demands. The push towards green energy and hydrogen production showcases India's commitment to sustainable energy practices and future fuel production.
Topics
India
Green Hydrogen
Renewable Energy
Energy Storage
Energy Independence
Energy Generation
Future Fuel Production
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