As reported by ET EnergyWorld, "India's green hydrogen demand is likely to see a doubling trend to close to 12 million tonnes per annum (mtpa) by 2030, driven by declining generation costs fueled by government support, according to a Nuvama Institutional Equities analysis quoting the Council on Energy, Environment, and Water."
Under the forecast period, the demand for hydrogen will come from the following sectors: “By 2030, fertilisers will make up 51% of the demand for hydrogen, followed by oil refining (38%), and petrochemicals (11%).” These sectors will drive the fuel hydrogen industry and will enable the fuel to cater to other sectors like “steel, long-haul transport, shipping, and power generation.
At the moment, the price for green hydrogen is $3.5-$4/kg, whilst for grey hydrogen this is around $2.2/kg, although subsidies and lower costs for renewable energy and electrolyzers could drive this down to about $1.6/kg by 2030.
Green ammonia is nearly commercial, with costs comparable to grey ammonia imports, thus set to displace nearly one-third of Indian ammonia imports. The National Green Hydrogen Mission and state support will likely fast-track adoption, with companies like Reliance Industries and Waaree to be early adopters.
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BASUNDE, Rohini（Global PR & Reporter ）
Based in India, Rohini works as a Reporter and Global PR professional,
leveraging her strong background in culture, society, and media studies.
Her work primarily involves article writing and managing global public relations campaigns.
Her core areas of interest are multiculturalism, intercultural understanding, and cross-cultural communication,
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Hobbies: Drawing, photography, editing, traveling, and cooking.
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