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International ESG Day 2023: While certain concerns, like increased compliance costs and limited investment ecacy, have been raised regarding ESG, the importance of sustainable investing only increases...
The global energy landscape is undergoing a transformative shift towards sustainable and economically viable alternatives, with green hydrogen (GH) emerging as a cornerstone. This versatile energy carrier, produced using renewable energy sources, has applications ranging from transport to industrial processes and offers a pathway to Recently, the Government of India has introduced two pivotal initiatives in this context, the GH Standard and the National GH Mission. The GH Standard a minimum standard for GH as having a well-to-gate emission of not more than 2 kg CO2 equivalent per kg of H2 produced, encompassing water treatment, electrolysis, gas purication, drying, and compression of hydrogen. 1 The National GH Mission, an integral part of India’s GH roadmap, aims to incentivise the commercial production of GH with an aim to make India a global GH hub. The mission seeks to decarbonize sectors where direct electrication is challenging, such as heavy-duty transport and industry. Under the many schemes introduced under the mission, nancial incentives are provided for the domestic production of electrolysers and GH.
