Page 12 - AsiaElec Week 01 2023

AsiaElec HYDROGEN AsiaElec

India aims to be global

green hydrogen giant

INDIA INDIA is to invest an initial INR197.4bn government said
($2.4bn) to fund its National Green Hydrogen According to a government statement, an
Mission as the government aims to turn the “enabling policy framework” will be developed,
country into a global hydrogen centre. along with “a robust standards and regulations
The county expects to build 125GW of new framework”, a public-private partnership frame-
renewables capacity by 2030 in order to power a work for R&D, and a “coordinated skill develop-
domestic hydrogen industry, which will encom- ment programme”.
pass the production, use and export of renewable Green hydrogen could account for 10% of the
H2 and its derivatives. country’s renewable energy by 2027, the Inter-
The green hydrogen mission will attract a national Energy Agency (IEA) said, while solar
total investment — including private funding installations will make up 75%, with primarily
— of INR8 trillion ($96.6bn) by 2030, the gov- onshore wind facilities adding a further 15%.
ernment said. Current renewable energy projections in
Self-reliance will be a key issue for hydrogen, India are increasingly leaning towards the
in contrast to the solar sector, which is heavily sub-continent almost doubling capacity by the
reliant on imports from China. To this end, end of 2027.
most of the seed funding will be used to provide According to the IEA report, with renewable
financial incentives for private and public Indian energy set to make up around 90% of total global
companies to produce electrolysers and other electricity generation by 2027, much of the
infrastructure at home short-term increase in numbers will be located
In August 2022, Indian Prime Minster Nar- in India.
endra Modi used his annual Independence In June 2022, France’s TotalEnergies entered
Day speech to promote the National Hydrogen into an agreement with AEL to buy a 25% inter-
Mission, saying that hydrogen produced from est in the Adani New Industries Ltd (ANIL) unit.
renewables could be a path towards reducing The companies will use the ANIL business exclu-
the country’s historic reliance on imported fossil sively to pursue the production and commercial-
fuels. isation of green hydrogen in India.
He said that by 2030 India’s green H2 produc- ANIL will target production of 1mn tonnes
tion capacity could reach 5mn tonnes per year, per year (tpy) of green hydrogen by 2030, under-
powered by 125GW of new renewables capacity. pinned by around 30 GW of new renewable
India aims to have 450MW of green capacity power generation capacity.
by 2030, although it is not clear if this includes The money will fund projects such as the pro-
the 125GW to be used for hydrogen. duction of 1.3mn tpy of urea derived from green
At the end of 2022, India had 41.8GW of hydrogen for the Indian domestic market, aimed
wind and 61.9GW of solar in place, according to at substituting current urea imports.
figures from the Ministry of New and Renewable Its early plans also include investing around
Energy. $5bn in a 2-GW electrolyser that will use power
Hydrogen could reduce the country’s carbon generated by a 4-GW solar and wind farm.™
emissions by about 50mn tonnes per year, the

P12 www. NEWSBASE .com Week 01 03•January•2023