India capable of becoming global green hydrogen exporter: Jitendra Singh
GREEN HYDROGEN CAN HELP INDIA TO BECOME SELFRELIANT IN OUR ENERGY NEEDS AT THE SAME TIME KEEPING OUR COMMITMENT ON CLIMATE CHANGE
NEW DELHI: India has the geographic advantage and potential to switch from a net fossil energy importer to a clean energy exporter with focus on green hydrogen, science and technology minister Jitendra Singh said on Friday.
Speaking at a climate summit organised by the PHD Chamber of Commerce and Industry, Singh said projections for potential demand for green hydrogen by 2030 show global annual export potential for green hydrogen was expected to be around 10.4 million tonnes in East Asia and European Union, which is a $20-billion market.
“We are one of the first nations of the world that has a green hydrogen mission. Green hydrogen can be produced with solar energy to split water in an electrolyser with oxygen as only by-product. The abundance of solar irradiance and water in India is an advantage with us. Green hydrogen can help India to become self-reliant in our energy needs at the same time keeping our commitment on climate change,” Singh said, adding that Prime Minister Narendra Modi while referring to various subjects during his Independence Day speech, which repeatedly underlined the importance of technology and hydrogen.
Singh said India can have an aspirational goal of ‘Hydrogen 212’ where green hydrogen generation cost is of less than $2 per kg; hydrogen storage plus refuelling cost of less than $1 per kg and replacement of end use technology with green hydrogen technology in less than 2 years.