Themed “Green Hydrogen, the next frontier in energy transition” the research highlights that the surge in green fuel adoption will be steered by increased focus on sustainability, economic feasibility, and Governmental initiatives promoting their extensive utilisation through robust regulations, reported news agency ANI.
GH2, produced via electrolysis of water using power sourced from renewable energy, stands out for its zero greenhouse gas emissions.
Worldwide, there’s ongoing research aimed at harnessing green hydrogen as a fuel to aid nations in achieving their net-zero emission objectives.
According to the Avendus Capital report, green hydrogen is progressively becoming more competitive compared to existing production methods.
Several global electrolyzer manufacturers, including John Cockerill, Stiesdal, and Ohmium, have initiated their green hydrogen plans in India through joint ventures and strategic partnerships.
European countries and Japan, lacking the necessary resources for cost-competitive green hydrogen production, are devising import plans and establishing import-focused infrastructure near ports.
(India Blooms)
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