How India reaches global via green hydrogen?

India’s green hydrogen is a life cordon for the country of 1.4 billion people; To meet the demand for clean electricity to achieve emissions reduction targets and carbon neutrality by 2070, as well as reduce the cost of costly energy imports, especially after the Russian-Ukrainian War and subsequent price rises.

In this regard, USAID expected India to become a potential global hub for the production and export of green hydrogen.

The report said that abundant renewable energy capabilities would create favourable conditions for the country to put its foot on the path to green hydrogen production; India produces 62 GW of electricity from solar energy, and 42% of wind energy.

The availability of clean energy potential will contribute to reducing the global standard costs of producing both green hydrogen and green ammonia to $ 3 thousand and $800 to $ 4 thousand and $800 per ton of green hydrogen, and between $ 850 and $1100 per ton of green ammonia.

The government is expected to support increased demand for green hydrogen in India, through incentives and subsidies.

The national hydrogen mission issued early this year (2023) includes key milestones for developing industry’s capabilities to reduce carbon emissions and reduce the cost of fossil fuel imports.