4% hydrogen target in national energy mix by 2030
Energy

4% hydrogen target in national energy mix by 2030

India should target 4 percent hydrogen energy in the national energy mix by 2030, says the Green Hydrogen Roadmap report prepared by FTI Consulting with the support of The Energy and Resources Institute (TERI)

  • By ICN Bureau | December 03, 2020
India should target 4 percent hydrogen energy in the national energy mix by 2030, says the Green Hydrogen Roadmap report prepared by FTI Consulting with the support of The Energy and Resources Institute (TERI).  
 
In volume terms, it represents 13 MMT of Hydrogen demand by 2030 and is comparable to the 17 MMT being targeted by the US and 15 MMT by the EU. 
 
The report proposes a set of eight recommendations covering policy measures, funding mechanisms and public-private partnerships to build a strong manufacturing position for India within the emerging global hydrogen supply chain and help decarbonise key sectors.
 
The eight recommendations include: Prepare National Hydrogen Roadmap by 2021; Creation of H2India Hydrogen Taskforce and Workgroups; Green Hydrogen Investment Fund of US $100 million; 4 percent hydrogen share in national energy mix by 2030; Inter-ministerial government body for adherence to global harmonised standards; Green hydrogen production and use cases in key regions; 
Identify 10 potential IndiaH2 national projects for large scale demonstration; and Fiscal incentives for large-scale national H2 projects. 
 
India should also develop the national hydrogen ecosystem by evaluating and implementing large green hydrogen demonstration projects in regions with high solar and wind energy potential. This mirrors the approach taken by the EU and avoids expensive hydrogen transportation across large distances. 
 
Amrit Singh Deo, Senior Managing Director - Strategic Communications, FTI Consulting said, “India has a domestic manufacturing opportunity to build hydrogen system components for the global supply chain if policy makers and industry players can collaborate closely. Hydrogen, coupled with renewables, electric vehicles (EVs) and battery technology, offers a clear path to a zero-carbon future.” Dr. Ajay Mathur, Director General, TERI said, “We look forward to working with NITI Aayog and the central government agencies to finalise the national policy next year.”

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