This report “The H2ERO of Net Zero? by SBI CAPS summarises the different colours of hydrogen, cost economics and viability of green hydrogen, various incentives for promotion of green hydrogen uptake and financing of green hydrogen.
Key highlights from the report:
- Increased usage of hydrogen is essential for deep decarbonisation in hard to abate sectors
- Growth in H2 consumption depends on changing its colour from grey to green
- High cost of green H2 is the key constraint in increasing usage, more incentives are needed to bring costs in line with grey H2
- India has inherent advantages in green H2 production, Green H2 hubs and SIGHT schemes to crown this kingly position
- Investments of Rs. 8-10 trillion are needed by 2030 to develop Green H2 ecosystem; financing ecosystem must evolve to accommodate this opportunity
Access the report here
