The green hydrogen ecosystem tem is a complex network that involves the production, storage, distribution, and use of hydrogen as an energy source. Green hydrogen is a clean, sustainable fuel that can be used to replace fossil fuels and reduce carbon emissions. It can be used in many sectors, including transportation, shipping, steel, and industry.
Here are some key aspects of the green hydrogen ecosystem:
Production
Green hydrogen is produced by splitting water into hydrogen and oxygen using electricity from renewable sources like solar, wind, or hydropower. This process is called electrolysis.
Uses
Green hydrogen can be used to produce electricity or fuels like ammonia. It can also be used as an energy storage system.
Cost
The high cost of production is the main factor limiting the use of green hydrogen. However, the cost of electrolysers has fallen by 60% since 2010, and production costs are expected to fall further.
India's National Green Hydrogen Mission
Launched in 2022, this mission aims to increase green hydrogen production and consumption. It is expected to spend nearly $2.3 billion on green hydrogen incentives and other measures between 2022 and 2030.
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