Every year, India’s energy consumption from fossil fuels is worth approximately Rs 7 trillion.
India has set ambitious medium- and long-term renewable energy targets to counteract the adverse effects of climate change, one of them being the commitment to increase the share of its renewable power capacity to 50% by 2030.
Ashwini Vaishnaw, the Minister of Railways, has announced that the country would have its first hydrogen-powered passenger train by December 2023.
In India, a functioning hydrogen economy is expected to bolster the energy portfolio in a sustainable way with the support of conducive policies (National Green Hydrogen Mission) from the Government.
With an increasing number of countries setting strong net-zero targets, there is a global push for the gradual discontinuation of fossil-fuel usage and the large-scale adoption of renewable energy (RE).
The Indian Railways, one of the biggest train networks worldwide, transports over 24 million passengers and 3 MT of freight daily.
Green hydrogen can be the transitional solution required to reduce anthropogenic emissions and enhance energy independency from fossil fuel.
India marked its presence as a serious contender in the green hydrogen space at the World Hydrogen Summit in Rotterdam, the Netherlands, which happened in May this year.
The Center for Study of Science, Technology and Policy organised a webinar titled ‘H2 – The Nuts and Bolts’ to explore the opportunities and challenges involved in developing a green hydrogen economy in India.
India’s energy sector will face two key challenges in the future.
The growth of the Indian petrochemical industry can be made sustainable only by mitigating the emissions from it.
The National Green Hydrogen Mission envisions India to be a leading manufacturer and a major hub for green hydrogen in the world.
The Central Electricity Regulatory Commission (CERC) issued the Draft Central Electricity Regulatory Commission (Deviation Settlement Mechanism [DSM] and Related Matters) Regulations in April 2024.
