Connect Karo 2023 | Fast tracking Green Hydrogen Value Chain in India
Green hydrogen plays a significant role in India's climate goals as the country aims to transition to a low-carbon and sustainable economy. The roadmap for green hydrogen production and utilization has been established with the announcement of the National Green Hydrogen Mission in January this year.
India’s vast renewable energy potential, particularly in solar and wind power makes it well suited for the production green hydrogen through electrolysis.
However, the value chain of the green hydrogen ecosystem which involves several stages from production to distribution and utilization, is not yet fully developed. Factors such as location, scale of production, and local infrastructure play a critical role in the green hydrogen supply chain.
The discussion at this event centered around addressing the challenges faced in the following three aspects of the hydrogen value chain:
1. Production of green hydrogen: The continuous availability and reliability of renewable energy sources, such as solar and wind power, will play a crucial role in green hydrogen production. Additionally, the efficiency, scalability, and cost-effectiveness of electrolyzer technology impacts the production of green hydrogen. Advancements in electrolyzer technology can lead to higher production capacities, improved energy efficiency, and reduced capital costs, positively influencing the supply chain.
2. Transportation of green hydrogen: The availability of infrastructure for green hydrogen storage, transportation, and distribution is vital for the supply chain. Adequate infrastructure, including electrolysis facilities, storage facilities, hydrogen pipelines, and refueling stations, is essential to support the growth and efficient operation of the green hydrogen ecosystem.
3. Market Demand and End-User Adoption: The demand for green hydrogen and its adoption by end-users will play a crucial role in shaping the supply chain. The development of market demand in existing sectors such as fertilizers, steel and shipping and its adoption in newer sectors will be the driving factors in the production and utilization of green hydrogen.