The Energy and Resource Institute (TERI) has signed a memorandum of understanding (MoU) with GreenstatHydrogren India Private Limited to accelerate the deployment of hydrogen-based technologies in India. As per the MoU, a Norwegian Centre of Excellence on Hydrogen will be established in India to support the growth of hydrogen infrastructure. Further, a knowledge-sharing platform will be developed for the collaboration of research ideas. The purpose is to build on TERI’s recent policy brief that highlights how India will adopt hydrogen technology in the future. The renewable energy projects were to be treated as a force majeure event, due to the coronavirus outbreak. Both entities believe that the development of hydrogen technologies are crucial for achieving carbon neutrality as well as reducing energy imports.
As we move towards the establishment of low-carbon technologies, green hydrogen has emerged as an important technology. TERI believes that green hydrogen will be vital as the cost of renewable electricity and electrolysis systems continues to fall in India. The think tank projects that green hydrogen will phase out fossil fuel derived hydrogen by 2030 owing to cheap tariffs in the Indian market. Currently, NTPC is planning the establishment of green hydrogen plants near industries in Andhra Pradesh. The ministry of new and renewable energy is also providing R&D support for many hydrogen technologies