India Set to Lead Global Hydrogen Energy Production and Exports
Key Ideas
- India, under the leadership of Union Minister Hardeep Singh Puri, aims to become a global leader in hydrogen energy production and exports by leveraging its energy demand and untapped exploration potential.
- The country is making strides in projects like hydrogen blending, localization of electrolyzer-based technologies, and promoting bio-pathways for green hydrogen production to establish itself as a champion in the hydrogen sector.
- Despite being the third-largest global consumer of crude oil, India's exploration sector remains largely untapped, with vast reserves waiting to be explored. Efforts are underway to increase exploration acreage to 1 million square kilometers by 2030.
- The upcoming GEO India 2024 conference is expected to drive innovation and discussions in the energy sector, showcasing India's commitment to energy security and sustainable growth through an energy revolution led by geoscientists.
India is on the path to becoming a key player in the global hydrogen energy landscape, as highlighted by Union Minister Hardeep Singh Puri during the 6th South Asian Geoscience Conference and Exhibition in Greater Noida. Puri emphasized India's potential to excel in hydrogen production and exports through initiatives like hydrogen blending, advancing electrolyzer-based technologies, and promoting green hydrogen production. With the country's soaring energy demand, currently at 5.4 million barrels per day and projected to reach 7 million barrels by 2030, there is a strong focus on enhancing energy security and leading an energy revolution.
Despite being a significant consumer of crude oil globally, India's exploration sector remains underexplored, holding substantial crude oil and natural gas reserves within its sedimentary basins. Efforts are underway to boost exploration activities and expand exploration acreage significantly by 2030. The upcoming GEO India 2024 conference aims to bring together industry experts, geoscientists, and innovators to drive discussions on energy sustainability and revolutionize the energy landscape.
Union Minister Puri expressed confidence in India's potential to lead an energy revolution, ensuring energy security for its citizens and meeting future challenges. With a strong commitment to balancing availability, affordability, and sustainability in energy, India is poised to make significant strides in hydrogen production and exploration, setting the stage for a greener and more sustainable energy future in the country.
Topics
Green Hydrogen
Production
Energy Security
Energy Revolution
Fuel Demand
Petroleum Sector
Exploration Potential
Geoscience Conference
Innovative Minds
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