– Green hydrogen is produced by electrolysis using renewable energy. – It emits zero carbon emissions, unlike grey or blue hydrogen.
Why Green Hydrogen Matters?
– Decarbonizes hard-to-abate sectors like steel, cement & shipping. – Stores renewable energy – Can be used when solar/wind aren’t available. – Helps countries achieve net-zero carbon goals faster.
Applications of Green Hydrogen
– Fuel for transportation – Especially in heavy-duty vehicles. Energy storage & grid balancing for renewable energy.
Challenges in Green Hydrogen Adoption
– High production cost due to expensive electrolysis. Limited infrastructure for transport & storage.
Investment Insights
– Early-stage industry with massive long-term potential. – Backed by global & Indian government incentives.