'A Multilateral Approach to Building a Global Hydrogen Economy' | Session with the Ministry of New and Renewable Energy pscp.tv/w/dAcpOXR3LTMx…
📖 Read our studies: 1. Greening Steel: Moving to Clean Steelmaking Using Hydrogen and Renewable Energy - bit.ly/Green-Steel
2. Speed and Scale for Disruptive Climate Technologies: Case for a Global Green Hydrogen Alliance - bit.ly/G2H2Alliance
We are going to take up hydrogen on a large scale. We believe that #greenhydrogen prices will come down & will be competitive with grey hydrogen. The scale will bring the prices down: @RajKSinghIndia@mnreindia@MinOfPower
#Greenhydrogen is one of the paths for reducing dependence on petroleum imports. We see a future for green hydrogen in long-distance mobility. For steel, our current technology doesn't lend itself to hydrogen being used on a large scale: @RajKSinghIndia
Our #greenhydrogen economy is going to boom. We want to reduce the dependence on imports for #energy requirements. We want to heal the environment and will take all action it requires: @RajKSinghIndia@mnreindia
Building a global hydrogen ecosystem will require strong coordination among countries & other stakeholders. Multilateral cooperation is necessary for standardising norms and regulations: Indu Shekhar Chaturvedi, Secretary, @mnreindia.
#Greenhydrogen has an imp role in achieving Chile's climate ambitions. Chile aims to produce the world’s cheapest H2 by 2030. We aim to develop the 1st regulation for safety in the #greenhydrogen value chain: H.E. Juan Angulo, Ambassador of Chile to India.
We entered into a deep & comprehensive green partnership with India last year. We're setting targets to reduce GHG emissions by 70% by 2030 & reach #netzero by 2050: H.E. @MStrandgaard1@DenmarkinIndia
#Greenhydrogen is the new keyword in the world of climate & #energy. It is one of the main pillars of global #energytransition. There is a need to strengthen competitiveness by promoting R&D and investments: Steffen N. Koch, @GermanyinIndia
#Greenhydrogen is one of the key pillars of low-carbon solutions for decarbonisation in the UK. We need to incentivise business models for the production of low-carbon hydrogen: @natalietoms, @UKinIndia
In a new study, we examined how #greenhydrogen can help in cleaner steelmaking. We found that:
▶️9% blend of #green H2 in steel making would ⬇️India's emissions footprint by 68%
▶️This #greensteel would be competitive with upper range of conventional steel costs at current rates
If #greenhydrogen costs fell to 1.3-2.2 USD/kg from the current 4-4.5 USD/kg, steelmaking based entirely on #green H2 could break even with #coal-based processes in #India. Globally, electrolyser manufacturers have already committed to a green H2 cost of 1.5 USD/kg by 2025.
Based on #IRES2020, our study found that:
➡️Over 70% per cent of Indian households use #LPG as their primary cooking fuel
➡️85% have #LPG connections
➡️54% continue to use traditional solid fuels
Read more 👇
How has #LPGPriceHike affected consumption?
84% of households using traditional #solidfuels with #LPG cited high prices of LPG refills as a reason for stacking fuels. LPG prices have risen by 40% over the last 1 year. #PressRelease: bit.ly/2Ynelyi
80% non-users cite the inability to afford #LPG – either bcz of connection cost or recurring expense on #fuel – as the reason for not having an #LPGconnection.
Using traditional solid fuels for cooking increases exposure to indoor #airpollution for such households. #LPGPriceHike
"Over 1/2 of the INR 5.8L CR stimulus announced today focused on our #MSME sector. 40% of India’s 450 mn informal workers are employed with MSMEs. The recovery of this sector is central to our economic resurgence & the workers' well-being," @GhoshArunabha#AatmanirbharBharat 2/n