India could soon invite bids for 4 GW of electrolyzers capacity as it strives for cost-effective green hydrogen as the energy of the future. The nation is also in the process of inviting bids for 4 GWh of battery storage.
This information was shared by India’s power and new and renewable energy minister Raj Kumar Singh with US special presidential envoy for climate John Kerry over a telephone call.
The government proposes to mandate the use of green hydrogen in fertilizers and refining to reduce the carbon footprint.
Green hydrogen is zero-carbon hydrogen production through the electrolysis of water (splitting of water into hydrogen and oxygen) using renewable electricity
According to a CEEW report, the cost of producing green hydrogen ranges from 3.6 to 5.8 USD/kg at present depending on the renewable energy mix and electrolyzer technology. The green hydrogen cost can come down drastically as the annual production capacity of electrolyzers increases globally to drive down their costs through economies of scale.
“India would be conducting competitive bids for green hydrogen in next 3-4 months to pave the road for viable usage of hydrogen as a fuel. India is looking at bids for 4000 MW of electrolyzers capacity. The other countries need to come up with more electrolyzer plants to bring down the costs,” Singh said.
India and USA counterparts also discussed setting up an alternate supply chain for lithium to secure inputs material for battery energy storage.
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