Green Hydrogen BLUprint discusses the role of green hydrogen in achieving net-zero emissions, highlighting its importance in the renewable energy transition. The report covers the challenges of integrating renewable energy, emphasizing green hydrogen as a key element for reducing CO2 emissions in energy-intensive sectors. It also touches upon the global and Indian context, including the market potential, challenges, and innovations in green hydrogen production and applications.
- Green Hydrogen BLUprint Summary pdf, 4 MB
'Hydrogen…, given enough time, turns into people.' This statement beautifully captures the essence of hydrogen's journey from being the simplest element in the universe to becoming a fundamental part of life as we know it. Now, as we stand on the brink of a new era, hydrogen is poised to transform our world once again, this time through the lens of green energy.
Let's try to quantify our world in a few numbers, kind of like if you were trying to explain Minecraft to an alien. So, imagine you have a really, really big shopping list for the planet. It includes:
8 billion tonnes of coal, which, fun fact, produces about 22.88 billion tonnes of CO2. That's like if every person on Earth owned about 3 cars and they all decided to take a road trip to the Moon.
5 billion tonnes of oil, resulting in 15.75 billion tonnes of CO2. It's as if the Earth was ac chain smoker blowing out CO2 smoke rings.
1.9 billion tonnes of steel, creating 3.42 billion tonnes of CO2. Picture building a skyscraper out of steel but, you know, 1.9 billion times over.
450 million tonnes of LNG (Liquefied Natural Gas), adding 1.24 billion tonnes of CO2 to our atmosphere. It's like Earth's making a giant CO2 cocktail, and LNG is its favorite mixer.
250 million tonnes of ammonia, surprisingly only responsible for 0.47 billion tonnes of CO2. That's the Earth's way of saying, 'I can be a little less harsh sometimes.'
And let's not forget the 30-40 million tonnes of Green Hydrogen we'll need by the next decade. It's like the new kid on the block who's promising to clean up after the Earth's wild energy party.
But to begin with why the sudden craze for green hydrogen, there are no moonwalk breakthroughs that have happened in the past 3-4 years. It’s just that the costs of renewables has come down and hence the notion of replacing gas route with electricity in the energy equation has the taken the front seat. Reduction in costs of renewable energy, cost of electrolysers coming down by as much as 60% in the last 3 years and an overall system efficiency- ecosystem getting more ripe and efficient has led us to believing in the role of hydrogen to decarbonise our economies- ~90% of the required carbon reductions are estimated to come from the use of green hydrogen!
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