How India Plans to Achieve Cost-Effective Green Hydrogen Production

Green hydrogen, produced via electrolysis using renewable energy sources like solar and wind, is emerging as a crucial component in the global shift towards clean energy. India’s National Green Hydrogen Mission aims to establish the country as a major hub for green hydrogen production, targeting 5 million metric tons annually by 2030. With significant investments and policy support, including a $2.37 billion budget, India is focusing on reducing fossil fuel imports, creating jobs, and fostering innovation. Despite challenges like high production costs and storage issues, global efforts, including those by the US and other major economies, are accelerating the adoption of green hydrogen to achieve decarbonization and energy security.