17 May 2024 : PIB Summary for UPSC
1. New & Renewable Energy Secretary addresses World Hydrogen Summit 2024, highlights India’s vision and capabilities in Renewable Energy and Green Hydrogen
Topic: GS2 – Governance – Government policies |
Context |
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Analysis of the news:
- Shri Bhupinder Singh Bhalla, Secretary of the Ministry of New & Renewable Energy, India, addressed the World Hydrogen Summit 2024 in Rotterdam, Netherlands on May 15, 2024.
- He emphasised India’s strategic vision and capabilities in renewable energy and green hydrogen production.
- The National Green Hydrogen Mission is comprehensive, including pilot projects, R&D initiatives, and skill development programs.
- India is a global leader in renewable energy affordability, offering competitive pricing and attracting domestic and international investments.
- India’s integrated grid infrastructure enables seamless integration of renewable energy, optimizing efficiency and reducing transportation needs for hydrogen.
- India boasts a skilled engineering workforce, enhancing competitiveness in green hydrogen production.
Different types of hydrogen: |
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- India aims to emerge as a leading exporter of green hydrogen, reinforcing its commitment to sustainable energy practices.
- India is confident in meeting green hydrogen production demands, supported by its robust renewable energy deployment strategy.
- The National Green Hydrogen Mission targets 5 million tonnes of annual green hydrogen production capacity by 2030.
- Significant progress has been made, with tenders awarded for incentives and electrolyser manufacturing capacity, bolstering India’s green hydrogen production capabilities.
National Green Hydrogen Mission: |
● Initial Outlay: The Mission has an initial outlay of Rs. 19,744 crore, including allocations for the SIGHT program, pilot projects, R&D, and other components.
● Targets by 2030: Aim to develop green hydrogen production capacity of 5 MMT per annum, associated with renewable energy capacity addition of about 125 GW. ● Expected Outcomes: Over Rs. 8 lakh crore in investments, creation of over 6 lakh jobs, cumulative reduction in fossil fuel imports, and abatement of nearly 50 MMT of annual greenhouse gas emissions by 2030. ● Wide-Ranging Benefits: Creation of export opportunities, decarbonization of industrial and mobility sectors, reduction in fossil fuel dependence, development of indigenous manufacturing, and advancement of cutting-edge technologies. ● Strategic Interventions: Financial incentives for domestic manufacturing of electrolysers, support for pilot projects, identification and development of Green Hydrogen Hubs, and formulation of enabling policy and regulatory frameworks. ● Research and Development: Establishment of a public-private partnership for R&D, focusing on goal-oriented, time-bound projects to develop globally competitive technologies. ● Coordination: All concerned Ministries, Departments, agencies, and institutions of the Central and State Governments will undertake coordinated steps for successful implementation, with the Ministry of New & Renewable Energy responsible for overall coordination. |
Practice Question: Discuss the significance of the National Green Hydrogen Mission in India’s renewable energy landscape and its role in fostering innovation, collaboration, and sustainable development. (250 Words /15 marks) |