India green hydrogen news

courtesy : India green hydrogen news

What is hydrogen and how can it be used as fuel?

Hydrogen is a clean energy alternative and can be made directly from fossil fuels or biomass, or it can be produced by passing electricity through water. Green hydrogen (GH2) can be generated by breaking water (H20) into hydrogen and oxygen through the electrolysis of water. An electrical current is used to separate hydrogen from oxygen in water and it is extracted without generating any net carbon emissions. This also means that the energy created from hydrogen does not release toxic carbon dioxide, which makes it one of many potential energy sources that could help reduce carbon emissions and slow global warming. This green fuel can be utilised as a source of energy in transport, electricity production, and industry activity. It can power anything that uses electricity including electric vehicles and electronic devices. It can also be used as a substitute for natural gas for cooking and heating within homes. If the electricity needed for electrolysis is generated from renewable sources such as solar or wind, the production of green hydrogen does not emit any harmful gases unlike coal and oil. It only emits water vapour. Hydrogen is also the most abundant element on the planet and offers tremendous promise for innovation. Hence, this is the most eco-friendly way of producing fuel. This is why different countries are rushing to include green hydrogen in their clean energy initiatives. Government bodies around the world have been investing time and money for research into this sustainable source of energy. And India has also taken some steps towards clean energy. According to market research and consulting organisation Precedence Research, the global green hydrogen market was valued at $1.83 billion in 2021 and is expected to hit over US $89.18 billion by 2030, poised to grow at a compound annual growth rate (CAGR) of 54% from 2021 to 2030. The report goes on to say that the Asia-Pacific region is the fastest growing region in the green hydrogen market. Not to forget, Prime Minister Narendra Modi had announced the Green Hydrogen Policy and this target of becoming net zero carbon emission by 2070, earlier this year, with the goal of making India a “green hydrogen hub,” or a prominent producer and exporter of “green hydrogen.”  The government policy is aimed at boosting green hydrogen production in the country, which can also reduce India’s dependence on importing over 80% of the oil and gas requirements.  The policy focuses on increasing dependency on cleaner forms of energy and abandoning fossil fuels. The policy says green hydrogen and green ammonia is one of the major requirements for reduction of emissions. The government believes hydrogen can play a huge role in shifting to clean energy. It allows companies to easily set up the capacity to generate electricity from renewable sources such as solar or wind anywhere in the country. The government is also planning to bring a production-linked incentive (PLI) scheme for manufacturing electrolysers for producing green hydrogen.

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