Over the past few years, awareness about the need for coordinated action to limit the ill effects of global warming has increased globally.
Being the third-largest emitter of carbon dioxide (CO2) globally, India has taken multiple initiatives to lower its carbon footprint and attain net zero emissions by 2070.
India currently consumes 6 million tonnes of grey hydrogen. However, if India were to produce the same amount of green hydrogen, it would require anywhere between 132-192 million tonnes of water for the 6 million tonnes of green hydrogen, estimates a report by OMI.
Green hydrogen is produced by the electrolysis of water, powered by renewable energy sources, resulting in low or no carbon emissions.
What is Green Hydrogen?
At present, the annual global demand for hydrogen stands at 70 million metric tons, 76% of which is produced from natural gas, 23% from coal, and the remaining from the electrolysis of water.
During India’s 75th Independence Day Celebrations in August 2021, Prime Minister Mr. Narendra Modi announced the National Hydrogen Mission, the country’s first major step towards green hydrogen adoption.
The government understands that hydrogen production requires a lot of energy, and producing green hydrogen using renewable sources is critical to ensuring the country’s sustainable energy security.
Due to its advantageous geographic location and the presence of an abundance of natural resources, India has a significant advantage in the production of green hydrogen.