Green hydrogen has been a buzzword in the country for the past couple of years, but it seems much of it is still on paper. How do you view its progress?
The economics of green hydrogen are quite daunting. Currently, the cost of production, even in the best-case scenario, is not expected to drop below $4 per kg in the near future, making it unviable at that price. This is a fundamental challenge in terms of both the process and economics. Green hydrogen is produced via electrolysis using renewable energy, and when you factor in the cost of the electrolyser, renewable intermittency, and other factors, the price globally ranges from $4 to $7 per kg. This creates a significant gap in the cost of hydrogen production.
What opportunities do you see in India's industrial decarbonisation space?
Bu hikaye Financial Express Mumbai dergisinin December 26, 2024 sayısından alınmıştır.
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Bu hikaye Financial Express Mumbai dergisinin December 26, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
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