ES Ranganathan Technological Breakthroughs and Cost Savings in Green Hydrogen
Green hydrogen is a clean and sustainable alternative to traditional hydrogen production methods. It's getting a lot of attention as the world moves towards a low-carbon future.
India sees the potential of green hydrogen to reduce carbon emissions and boost energy independence. The country has set out an ambitious green hydrogen policy, showing its commitment through various initiatives and incentives to speed up its adoption.
"By creating a supportive policy framework, India aims to encourage investments and collaborations in renewable energy, building a sustainable green hydrogen ecosystem," says ES Ranganathan. However, the cost is a major hurdle between planning and execution.
The high cost of green hydrogen has been a key issue preventing its widespread use. But with major technological advancements and economies of scale, the cost of green hydrogen is expected to drop significantly in the coming years.