(GIST OF YOJANA) Green Hydrogen: India’s Path to a Sustainable Energy Future

GIST OF YOJANA : Green Hydrogen: India’s Path to a Sustainable Energy Future

India aspires to achieve complete energy autonomy by 2047 and attain Net Zero emissions by 2070.
Green Hydrogen is pivotal to this ambition, presenting a sustainable energy alternative that can transform India’s energy framework.
The National Green Hydrogen Mission seeks to develop a vibrant Green Hydrogen ecosystem in India, addressing the prospects and hurdles of this burgeoning sector.

The global shift towards clean energy is gaining momentum, fueled by worries about climate change, the necessity for energy security, and aspirations for economic advancement.
Green Hydrogen, derived from renewable resources, holds the promise to decarbonize sectors that are challenging to transition, including industry, transportation, and power generation.
India’s position in Green Hydrogen is crucial as nations increase production and adoption rates.

India's energy consumption is anticipated to rise by 25% by 2030, with over 40% of its primary energy currently being imported.
Green Hydrogen has the potential to lower carbon emissions and enhance energy independence by substituting fossil fuels across various industries and applications.
The rising demand for Green Hydrogen forms an opportunity for India to emerge as a prominent producer and exporter.
The National Green Hydrogen Mission will expedite India’s journey towards a low-carbon, self-reliant economy.

Initiated in January 2023, the NGHM aims to position India as a global center for Green Hydrogen production, usage, and exportation.
The Mission sets ambitious targets of reaching a production capacity of at least 5 MMT of Green Hydrogen per year by 2030, with the potential to grow to 10 MMT annually.

India currently utilizes about 5 MMT of Hydrogen each year, mainly sourced from fossil fuels (Grey Hydrogen).
The NGHM intends to advance Green Hydrogen production technologies and minimize costs related to electrolyzers, renewable energy inputs, and necessary infrastructure.
The Mission proposes enhancing electrolyzer capacity, promoting domestic manufacturing, and investigating innovative decentralized methods for Green Hydrogen production.
Infrastructure for the storage, transportation, and exporting of Green Hydrogen will be established, including Hydrogen Hubs and export terminals.

The NGHM necessitates synchronized efforts across various ministries, departments, and institutions at both national and state levels.
The Ministry of New and Renewable Energy (MNRE) spearheads the Mission, while other ministries are essential in facilitating Green Hydrogen integration within their sectors.
A comprehensive governance framework, comprising an Empowered Group and a National Green Hydrogen Advisory Group, will supervise the execution of the Mission.

The NGHM is projected to generate economic advantages through decarbonization, decreasing fossil fuel imports, boosting local manufacturing, job creation, and technological advancements.
The Mission aspires to craft a large-scale Green Hydrogen ecosystem, drawing in investments and creating employment opportunities.
Green Hydrogen projects are expected to prevent approximately 50 MMT of CO2 emissions each year, aiding India’s Net Zero objectives.

The initial investment for the NGHM is Rs 19,744 crore, distributed across various elements, including the SIGHT program, pilot initiatives, R&D, and other projects.
The Mission integrates efficient risk management strategies to tackle possible challenges related to supply chains, technology, operations, finance, and market uncertainties.

Green Hydrogen is essential for India’s sustainable energy future and decarbonization initiatives.
The NGHM will cultivate a resilient Green Hydrogen ecosystem, encouraging innovation, attracting investments, and fueling economic growth.