CSTEP’s event on green hydrogen discussed the blueprint for India’s energy future
Solar plus green hydrogen could be the future of India, and with it, India could finally become an energy-abundant nation and a potential exporter as well, said Dr Rajiv Kumar, Vice Chairman, NITI Aayog. He was delivering the keynote address at an event on green hydrogen organised by CSTEP recently.
Dr Kumar added that the government is committed to solar plus hydrogen as the vision for India and is exploring ways to scale up the production and availability of green hydrogen. Towards this, the government is seriously considering setting an export target (which would imply an abundant domestic supply of green hydrogen). He also spoke of the other steps that the government is considering, which include inducing and incentivising a shift to green hydrogen in the hard-to-abate sectors, such as steel and refineries. For the transport sector — one of the biggest polluters — NITI Aayog is pushing for green hydrogen and electric mobility to come together to reduce emissions.
“At the moment, the cost of producing green hydrogen is about USD 4–5 per kg, but this can be brought down significantly if we get the scale right. Some companies have already made announcements to bring down the cost to USD 1 per kg. Though we have a long way to go, we will eventually get there,” he added.
Dr Paolo Frankl, Head of the Renewable Energy Division at the International Energy Agency (IEA), said that considering the need to double green hydrogen availability in the next decade, India — with its capabilities — is set to play a critical role.
Other panellists, such as Mr Arne Ballantine, CEO, Ohmium Inc.; Dr Karen Landmark, Chief Strategy Officer, Greenstat; and Dr N Rajalakshmi, Advisor, CSTEP, discussed various aspects of taking a holistic approach to the green hydrogen economy to ensure societal benefits.