Fusion Fuel Green (HTOO)

[WeTheMarket]

Another potential market opportunity for Fusion Fuel: India H2 Alliance submits six-point hydrogen agenda to Indian Government By George Heynes, May 04, 2021

India H2 Alliance (IH2A) has submitted a six-point agenda to the Indian Government to create a domestic ‘Bharat H2’ supply chain and to build hydrogen systems at scale.

This includes the construction of 10 hydrogen valleys across the nation to accelerate hydrogen adoption.

The submission has been jointly made by the IH2A steering committee co-leads, Chart Industries and Reliance Industries, to the NTI Aayog and Ministry of New and Renewable Energy (MNRE), Government of India.

The IH2A has outlined its recommendations in six different agendas.

The group firstly believe that the Indian Government should immediately constitute a public-private Bharat H2 Taskforce to prepare a milestone-based national hydrogen roadmap and build a hydrogen economy at scale.

As well as this, the Bharat H2 Taskforce and roadmap should aim to tap into India’s potential to create an installed national electrolyser capacity of between 15 to 20GW that should promote domestic manufacturing through a national electrolyser manufacturing mission.

This should be aligned with the government’s FAME II scheme.

India should additionally create a H2-themed energy transition fund, with co-funding partnerships with sovereign partners, multi-lateral agencies, clean energy funds and industry.

The aim of this should be to raise $1bn by 2030 for deployment towards national hydrogen projects of a certain scale.

A uniform set of globally harmonised and interoperable Bharat H2 standards for hydrogen storage, transport and dispensation need to be finalised quickly, so that hydrogen adoption is accelerated across different sectors and use cases.

Pre-feasibility studies of at least 10 national Bharat H2 hydrogen valleys or H2 hubs should be prioritised in India.

Lastly, India should form a Bharat H2 industrial group to leverage hydrogen for decarbonisation efforts in steel, refineries, fertilisers and cement industrial clusters and separate Bharat H2 heavy-duty freight transport group.

This would be focused on hydrogen commercialisation in railways, trucking and shipping recognising the different hydrogen infrastructure requirement in both groups.

Jillian Evanko, CEO and President of Chart Industries, said, “Building a domestic ‘Make in India’ hydrogen supply chain will require a set of concerted actions to build hydrogen systems at scale.

“The first step would be to create a public-private hydrogen taskforce that sets the right national ambition and scale. A national electrolyser manufacturing mission and ten Hydrogen Valley projects by 2030 will bring India within the global hydrogen value-chain.

“Funding will remain a challenge and India should prioritise the creation of a dedicated national Hydrogen Fund to address part of this challenge.”