Thread by @CEEWIndia

#Thread
#India recently announced the National Hydrogen Mission & there's growing interest among leading industry players in #greenhydrogen.
But why is green H2 significant for India's #energytransition?
#pressrelease: bit.ly/3l3b8fc

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.

However, the commercialisation of green steelmaking in #India is subject to:
▶️favourable access to both wind & solar resources at plant locations
▶️lower #renewableenergy tariffs
▶️significant price reductions in electrolyser & storage technologies

We recommend:
▶️setting up a pilot #greensteel plant to promote domestic expertise in using #hydrogen for steelmaking
▶️#policy changes that nudge Indian steelmakers to institutionalise high R&D spending & participate in technology collaboration

The #hydrogeneconomy will need support from regulatory drivers like strict #emissions norms and a pricing mechanism that penalises polluting fuels and incentivises cleaner alternatives.

To learn more about the feasibility of #greenhydrogen-based steelmaking, read our #newstudy, "Greening Steel: Moving to Clean Steelmaking Using Hydrogen and Renewable Energy"
🔗 bit.ly/Green-Steel
@deepakyadav_25 @tirtha_biswas @ShaktiFdn