GREEN HYDROGEN Path to Decarbonization - 7 November 2024

GREEN HYDROGEN Path to Decarbonization 7th November 2024 1 Green Hydrogen For survival, mankind needs to get to Net Zero at the earliest Renewable plus storage or nuclear → carbon free electricity Electrify economy with zero carbon electricity → Net Zero Hard to Abate Sectors = Electrification not possible Green hydrogen emerging solution for hard to abate sectors Introduction India’s emerging cli. [...] gains and give lower sector entry and certainty prices Recommendations Procurement of green hydrogen Competitive bid to be Separate bids for supply invited for long term Separate bids for supply of green hydrogen from supply for downstream of green hydrogen to pilot sewage and bio waste to use from the date plant steel and ammonia plants filling stations for starts production hydrogen trucks Recom. [...] Recommendations Assure supply of Invite bid for setting up a pilot green Bid parameter urea plant of the minimum Green hydrogen Cost of converting green hydrogen technically feasible size CO2 from cement plant through and CO2 into green ureacarbon capture Invite bids for supply of green Government buys all the Following price discovery hydrogen and CO2 from the fertilizer of this plant government. [...] Recommendations SPV to invite bids for truck Procure green hydrogen Pick up a few busy routes for initial pilot projects from biowaste for implementing pilot Lease trucks to operators Lower transportation cost projects at subsidized rates from plants using biowaste on the highway Subsidize supply of green Number of trucks in the hydrogen to new filling fleet and filling station stations should hav. [...] Which is cheaper? PSP, CSP, and BESS, offer daily storage for getting carbon free electricity Green fuels essential for meeting seasonal demand peaks Needed for full decarbonization of electricity Recommendations Pilot Projects Discovery of higher cost Pace of scaling up to evolve Higher cost borne by government for its own project, consumer for brand value Lower embedded carbon -Market in Europe.