Green Hydrogen Revolutionizing India's Steel Industry
Key Ideas
  • The whitepaper released by the India Green Steel Coalition emphasizes the pivotal role of green hydrogen in transforming the Indian steel sector towards sustainability.
  • India's National Hydrogen Mission aims to establish the country as a global leader in green hydrogen production, targeting five million metric tonnes annually by 2030 to significantly reduce CO2 emissions.
  • As demand for green hydrogen rises, advancements in electrolyzer technology are expected to drive down production costs, enhancing commercial viability and scalability for low-carbon steel production.
  • Strategic investments, policy frameworks, and scalable hydrogen production technologies are crucial for accelerating green hydrogen adoption in steelmaking, aligning with India's Net-Zero goals.
The India Green Steel Coalition, a collaboration between WWF-India and the Confederation of Indian Industry, released a whitepaper titled 'Role of Green Hydrogen in the Indian Steel Sector' in New Delhi. The whitepaper highlighted the transformative potential of green hydrogen in the steel industry and its role in decarbonizing steel production. With India's National Hydrogen Mission targeting five million metric tonnes of green hydrogen annually by 2030, the country is making significant strides in clean energy transition. The whitepaper underlines the importance of green hydrogen in reducing emissions, specifically in DRI-EAF processes in the steel sector. As demand grows, green hydrogen is expected to become a key facilitator of low-carbon steel production, with production costs projected to decrease due to advancements in electrolyzer technology. Mr. Vishal Dev from WWF-India emphasized the environmental benefits of green hydrogen in industrial processes, while Mr. R K Goyal from the India Green Steel Coalition highlighted the role of green hydrogen in aligning with India's sustainability goals. Moreover, Mr. Kapil Bansal from EY Parthenon mentioned India's ambitious targets for green hydrogen production and electrolyzer capacity installation, aiming to reduce 50 million metric tons of CO2 emissions annually by 2030. The whitepaper will serve as a guiding document for stakeholders in advancing green hydrogen adoption in the Indian steel sector, supporting the country's commitment to sustainability and industrial innovation.
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