Indian Steel Ministry's Green Hydrogen Initiative for Net Zero Target
Key Ideas
- The Indian steel ministry has appointed MECON to explore using green hydrogen in steel production to reduce carbon emissions.
- Pilot schemes will test different approaches like substituting natural gas with hydrogen and producing DRI entirely using hydrogen.
- India aims to produce 5 million metric tons of green hydrogen annually by 2030 to cut carbon emissions and reduce fossil fuel imports.
- The government launched the National Green Hydrogen Mission to establish India as a global hub for green hydrogen production.
The Indian government is focusing on decarbonizing the emissions-intensive steel industry by leveraging green hydrogen. The steel ministry, with its consultancy arm MECON, aims to implement pilot schemes utilizing green hydrogen in direct reduction of iron (DRI) and blast furnaces. As the iron and steel sector accounts for a significant portion of India's carbon dioxide emissions, reducing its carbon footprint is essential for achieving the country's net zero target. The pilot schemes will explore various approaches to incorporating green hydrogen in steel production processes. India has set ambitious goals to produce 5 million metric tons of green hydrogen annually by 2030, leading to a substantial reduction in carbon emissions and saving billions in fossil fuel imports. Despite the current cost challenges, the government's National Green Hydrogen Mission seeks to position India as a key player in green hydrogen production, utilization, and export. This initiative showcases a positive step towards sustainable and eco-friendly steel production in India.
Topics
Green Hydrogen
Renewable Energy
Decarbonisation
Steel Industry
Economic Impact
Net-zero Target
Pilot Schemes
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