Page 29 - Insurance Times May 2024

How Fuel Cells are

shaping the Indian

Automobile Industry by

Spearheading Green Dr. Jay Pandey Tinku Sharma

Energy Solutions towards

eradicating the risk of

scarcity of petro products

in Hydrogen based

vehicles Rajat Mehrotra

Fuel cell technology emerges as a promising solution, offering a cleaner and more efficient energy
alternative. In this article, we explore the significance of fuel cells in meeting India's energy
requirements, particularly in comparison to electric vehicles (EVs), and delve into ongoing research
initiatives within Indian research institutions.

Introduction: costs. Moreover, their dependence on fossil fuel-powered
electricity grids undermines their environmental benefits.
India, like many other countries, grapples with the dual
In contrast, fuel cells generate electricity through chemical
challenges of escalating energy demands and environmental
degradation. The reliance on conventional fuel sources, reactions between hydrogen and oxygen, producing water
particularly petroleum, exacerbates these issues, prompting as the only byproduct. This inherent efficiency and clean
a pressing need for sustainable energy alternatives. Fuel cell energy production make fuel cells a compelling alternative
technology emerges as a promising solution, offering a to EVs, particularly in addressing India's energy and
cleaner and more efficient energy alternative. In this article, environmental concerns. Some automotive companies are
already exploring this technology.
we explore the significance of fuel cells in meeting India's
energy requirements, particularly in comparison to electric Fuel Cells: A Sustainable Solution to
vehicles (EVs), and delve into ongoing research initiatives
within Indian research institutions. Reduce Petroleum Dependency:
India's heavy reliance on petroleum leads to energy
Comparative Analysis: Fuel Cells Versus insecurity, volatile fuel prices, and environmental pollution.
The combustion of fossil fuels releases greenhouse gases and
Electric Vehicles: pollutants, contributing to climate change and air pollution.
While electric vehicles are hailed as sustainable Fuel cells offer a sustainable alternative by producing
transportation solutions, they aren't without limitations. EVs electricity without combustion, resulting in zero emissions.
rely on lithium-ion batteries for energy storage, resulting in Transitioning to fuel cell technology can reduce India's
challenges like limited range, long charging times, and high dependence on imported fossil fuels and mitigate the

The Insurance Times May 2024 27