Union Minister for Power and New and Renewable Energy RK Singh on Wednesday said that government will partner with the industry in developing cutting-edge technology for green hydrogen ecosystem.
“The government will partner with the industry in developing cutting-edge technology for fuel cells, hydrogen storage and other technologies needed for green hydrogen ecosystem. The R&D roadmap will have cross-cutting partnerships among government, industry and IITs, so that patents too are owned by all of us in common. So, come and partner with us, this is the biggest market in the world, and we prefer solutions developed here in India,” said RK Singh while speaking at the three-day International Conference on Green Hydrogen (ICGH-2023), at Vigyan Bhawan, New Delhi. As part of its quest towards energy transition, the government has brought together stakeholders from India and across the world, in order to explore how we can establish a Green Hydrogen ecosystem and foster a systemic approach for meeting the global goals for decarbonization through Green Hydrogen.
RK Singh in his address said that there is now a global consensus that we need to make a transition to renewable energy. “India is one of the lowest carbon emitters in the world, our per capita emissions are about one-third of global average. This stems out of our culture which emphasizes simplicity, this culture is reflected in Mission LiFE as espoused by the Prime Minister.”
The Power Minister informed that India has over-delivered on its Nationally Determined Contributions target, having achieved 40 per cent of non-fossil electricity target in 2021, nine years before the target of 2030. “We have some world-leading programmes in emissions reduction, such as the programme for LEDs, which has resulted in reduction of carbon dioxide emissions by 103 million tons per annum.
Our Perform Achieve Trade Scheme has reduced in emissions reductions of around 106 million tons per annum,” he said further.
The Minister informed that 42 per cent of power generation capacity of India today is based on non-fossil fuels and that we will overachieve the target of 50 per cent capacity from non-fossil fuels by 2030.
The Union Minister said that India has begun to emerge as a leader in adopting green hydrogen as well. He said that under the National Green Hydrogen Mission, projects have been commenced for setting up 3.5 million tons of green hydrogen manufacturing capacity already.(ANI)
