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Starting tomorrow, India is organising a two-day virtual summit (June 22, 2021 to June 23, 2021) on green hydrogen initiatives involving the BRICS (Brazil, Russia, India, China, and South Africa) nations.
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The event will be anchored by India’s largest power producer and one of the global energy majors, NTPC Ltd., a CPSU under Ministry of Power. The summit will bring intellectuals, policy makers and major stakeholders from the BRICS nations to discuss the future of hydrogen in the energy mix.
On Day 1, the representatives of each country will share the initiatives taken by their respective countries on the utilization of hydrogen and their future plans. The speakers will also share the relevance of different technologies developed on hydrogen and their priorities with respect to their country.
Day 2 will witness panel discussions on ideas integrating hydrogen in overall energy policy framework by different countries. The discussions will also entail financing options for emerging green hydrogen technologies and details on the institutional support needed to create the requisite ecosystem for the technology to flourish.
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As the world rapidly moves to decarbonise the entire energy system, hydrogen is poised to play a vital role by building on the rapid scale-up of renewable resources across the world. Hydrogen when produced by electrolysis using renewable energy is known as green hydrogen, which has no carbon footprint. This gives hydrogen an edge over other fuels to unlock various avenues of green usage. However, challenges lie in terms of technology, efficiency, financial viability and scaling up, which the summit aims to address.
Green hydrogen has innumerable applications. Green Chemicals like ammonia and methanol can directly be utilized in existing applications like fertilizers, mobility, power, chemicals, shipping etc. Green Hydrogen blending up to 10% may be adopted in CGD networks to gain widespread acceptance. Further scaling up with greening of hard-to-abate sectors (like steel and cement) through hydrogen is to be explored. Many countries have brought out their strategies and defined targets and roadmaps based on their resources and strengths.
