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World Hydrogen Summit 2024: India highlights renewable energy, green hydrogen initiatives

May 16, 2024 4:57 PM IST

At the World Hydrogen Summit 2024 in Rotterdam, Netherlands, Bhupinder Singh Bhalla, Secretary, Ministry of New & Renewable Energy, on Tuesday, highlighted India’s strategic vision and capabilities in the domain of renewable energy and green hydrogen production.

He underscored the comprehensive nature of the National Green Hydrogen Mission, comprising components such as pilot projects, research and development (R&D) initiatives, and skill development programs.

Highlighting the rapid scale-up of renewable energy infrastructure in the country, Bhalla informed the audience that approximately 43% of India’s current installed electricity capacity is from non-fossil-fuel sources, with projections indicating a rise to 50% by 2030.

Bhalla also reiterated India’s position as a global leader in renewable energy affordability, emphasizing the nation’s low cost of renewable energy. Highlighting India’s integrated grid infrastructure, Bhalla said that it not only enhances grid stability and reliability but also enables the strategic placement of renewable energy plants, optimising efficiency and minimising the need for long-distance transportation and storage of hydrogen.

Bhalla highlighted India’s ambition to emerge as a leading exporter of green hydrogen. Asserting India’s clear vision and commitment to sustainable energy practices, he underscored the nation’s determination to play a pivotal role in the global hydrogen economy. “With a strategic focus on scaling up production, India aims to capitalize on emerging opportunities in the international market for green hydrogen, thereby reinforcing its position as a key player in the global energy transition.”

 

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Last updated on: 18th November 2024