India's Green Hydrogen Vision: Accelerating towards Energy Independence and Global Leadership
Key Ideas
- Professor Ganapati Myneni emphasizes the importance of investing in green hydrogen production infrastructure, scaling up renewable energy sources, and fostering public-private partnerships to achieve India's Viksit Bharat 2047 vision.
- India announced a target of energy independence by 2047 and aims for net-zero emissions by 2070, with green hydrogen playing a significant role in this transition.
- The Indian government is increasing its focus on green hydrogen production, reflected in the National Green Hydrogen Mission and the budget allocation of Rs 600 crore, to accelerate the transition to sustainable energy.
- India's vast thorium reserves position it uniquely to lead in thorium-based molten salt reactor technology, requiring prioritized funding for R&D to achieve energy independence and global technology leadership.
The Indian government is urged to intensify efforts and provide policy support to advance research and development activities, invest in hydrogen production infrastructure, and promote thorium-based molten salt reactor (MSR) development to realize the Viksit Bharat 2047 vision. Professor Ganapati Myneni stressed the significance of investing in green hydrogen production infrastructure by expanding renewable energy sources for electrolysis, establishing storage and distribution networks, and fostering collaborations to drive innovation and cost efficiency. India's target of energy independence by 2047 and net-zero emissions by 2070 underscores the pivotal role green hydrogen is set to play, citing the Ministry of New and Renewable Energy. The process of electrolysis is highlighted as deriving green hydrogen by splitting water using electricity from renewable sources, offering a clean and emission-free alternative to fossil fuels. The government is urged to ramp up R&D investments to enhance hydrogen technologies, attract investments, and facilitate public-private partnerships. India's focus on hydrogen is evident through initiatives like the National Hydrogen Mission and increased budget allocation, reflecting a commitment to sustainable energy. With ambitions to become a global hub for green hydrogen production, usage, and export, India aims for self-reliance through clean energy, positioning itself as a leader in the energy transition and technology innovation.
Topics
Investing
Renewable Energy
Energy Security
Innovation
Research And Development
Global Leadership
Government Support
Sustainable Technology
Policy Initiatives
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