With this, the IH2A has proposed the creation of a H2Bharat Public-Private Taskforce for a GW-scale national hydrogen hub to advance the clean energy carrier’s adoption and support the growing hydrogen community in India.
A key recommendation put forward by the IH2A is to establish at least five green hydrogen hubs in the country within the next 18 months which could provide a domino effect for the rest of the hydrogen community.
In doing so this provides a basis to scale hydrogen’s use in India and help to accelerate it adoption amongst various hard-to-abate sectors where electrification is unable to decarbonise.
Among the steps suggested that should be incorporated into India, another of these suggest that the country should replicate the global best-practice GW-scale hubs with co-located green hydrogen production and consumption in a single cluster or hub to commercialise green hydrogen.
With this, the IH2A detailed that the hubs should be designated as national projects or special projects of national importance with special incentives and public funding to support the development of the hydrogen value chain.
Amitabh Kant, Chief Executive of NITI Aayog, said, “Our aim to bring down the cost of green hydrogen to $2.5/kg by 2025 and $1/kg by 2030. This is possible only by increasing size and scale of hydrogen manufacturing. With rapidly falling renewable energy costs, India’s green hydrogen production cost is expected to be amongst the lowest in the world.
“The H2Bharat Taskforce is an interesting proposal to kick-start green hydrogen project development at large GW-scale. We welcome this voluntary initiative from the industry and look forward to collaborating on it.”
Jill Evanko, Chief Executive and President of Chart Industries, and founding member of IH2A, said, “The H2Bharat Taskforce will identify and shortlist five GW-scale national green hydrogen hubs for development in the next 12 months.
“It would bring together all relevant stakeholders from the government, funding agencies and the industry. IH2A will be happy to extend resources for this initiative voluntarily and work together with NITI Aayog and the Ministry of New and Renewable Energy (MNRE) for it.”
Formed in April 2021, the Indian Hydrogen Alliance (IH2A) is dedicated to the creation of a hydrogen value-chain and economy in India as the country strives to achieve a target of net zero greenhouse gas emissions by 2070, a goal which was laid out by Prime Minister Narendra Modi at the COP26 climate summit.
Currently the third largest emitter of carbon dioxide in the world today, following China and the US, India needs to start moving now – and IH2A aims to greatly support this. An industry-led coalition of global and Indian companies, IH2A works with private sector partners, the government, and the public to ensure that costs of hydrogen production are brought down, and a local supply chain for hydrogen and industrial, power and transport sector demand is created.
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