Key Trends and Emerging Opportunities for Green Hydrogen in India Green Hydrogen in India Policy support Current trends in India’s grey hydrogen This section presents the overarching barriers across the value chain – demand, supply, market infrastructure, and financing – to deploying green hydrogen at scale in the Indian market. [...] Key Trends and Emerging Opportunities for Green Hydrogen in India Considerations for Policymakers Policy support Current trends in India’s grey hydrogen Considering the challenges that the domestic green hydrogen ecosystem faces, and learnings market from emerging markets globally, in this section we offer working policy considerations for Emerging trends in India’s green hydrogen the Government o. [...] such as a reduction in GST on electrolyser components; Key Trends and Emerging Opportunities for As per industry estimates, the levelised cost of green availing incentives under the SIGHT scheme for the Green Hydrogen in India hydrogen (LCOH) in India in 2024 is estimated to production of electrolysers, green hydrogen, and green Policy support range between USD 3.5-5 per kg. [...] Other important factors that can impact the cost of Reducing goods and services tax Key Trends and Emerging Opportunities for green hydrogen production include the efficiency of the Green Hydrogen in India electrolyser, scale of domestic production, and costs of The Government of India could reduce the GST for Policy support supporting distribution and storage infrastructure. [...] Key Trends and Emerging Opportunities for Green Hydrogen in India Hydrogen Financing Policy support Current trends in India’s grey hydrogen The policy considerations presented in the prior section represent a suite of high potential, market near-term actions the government could pursue to accelerate private investment in domestic Emerging trends in India’s green hydrogen green hydrogen production.
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- 40
- Published in
- India
