Global Consensus regarding Green Hydrogen
There is an increased consensus globally that concerted steps need to be taken to reduce global warming.
Various countries have pledged their Nationally Determined Contributions (NDCs) to ensure energy transition and reduce emissions. Most large economies, including India, have committed to net-zero targets.
There is an increased consensus globally that concerted steps need to be taken to reduce global warming. Various countries have pledged their Nationally Determined Contributions (NDCs) to ensure energy transition and reduce emissions. Most large economies, including India, have committed to net-zero targets. Green hydrogen can play a significant role in mitigating climate change as it does not release any carbon when used. The Government of India has framed the policy on green hydrogen with the intention of facilitating the transition from fossil fuel-based feedstocks to green hydrogen/green ammonia both as energy carriers and as chemical feedstocks for different sectors.
The need for Green Hydrogen:
-Transitioning from fossil fuels to green hydrogen is one of the major requirements for the reduction of emissions, especially in the hard-to-abate sectors.
Green hydrogen is produced through the electrolysis of water using renewable energy sources. It is an environmentally friendly fuel as it does not release any greenhouse gases (GHG) during production or combustion. Moreover, it can be used in a variety of applications such as transportation, power generation, and heating. transitioning from fossil fuels to green hydrogen would help reduce emissions significantly, especially in the hard-to-abate sectors.
Government of India’s policy on Green Hydrogen:
The Government of India has framed a policy on Green Hydrogen after careful consideration 4 Major objectives of the policy are as follows
i) Create an enabling environment for investments in production
ii) of green hydrogen by domestic and international investors;
iii) Encourage early adoption by strategic users
iv) Enable effective management and utilization through a robust delivery framework
v) Minimise cost through an optimum mix
vi) efficient storage & transportation technologies
Salient features include: A dedicated National Mission with sectoral target allocated across industry verticals will lead this effort Generous allocation under renewables umbrella – 100 GW Wind & 175 GW Solar Minimum share 25% electrolysis Capacity Or 500MW whichever is earlier Setting up Global Partnership Programme 5GW By 2030 Deployment focused incentives Capital Operating expenditure Concessional financing Technical Support Centre R&D support
Monitoring mechanism centralized authority regular reporting progress review every 2 years Conclusion: Green hydrogen offers great potential for mitigating carbon dioxide emissions while supporting economic growth simultaneously There Is Also An Increased Consensus Around The World That Concerted Steps Need To Be Taken To Reduce Global Warming
Most large economies including India have committed to net-zero targets. Transition to Green Hydrogen and Green Ammonia is one of the major requirements for the reduction of emissions, especially in the hard-to-abate sectors. The government of India has had under consideration a number of policy measures in order to facilitate the transition from fossil fuel-based feedstocks to Green Hydrogen / Green Ammonia both as energy carriers and as chemical feedstock for different sectors. After careful consideration, The Government Of India has framed a policy on green hydrogen. The objectives create an enabling environment for investments by domestic and international investors, encourage early adoption by strategic users, enable effective management and utilization through a Robust delivery framework, and minimize cost optimum mix efficient storage & transportation technologies .