India needs to do a lot more to move from its 'laggard' status and emerge ahead of other countries in the hydrogen race, says a report in CarbonCopy.
"Intentions aside, there are a series of issues that the country must urgently resolve in order to have a real chance of becoming a global hub for green hydrogen," the report says.
Discussing the economics of hydrogen production in India, the report says that to bring down the price of hydrogen to $ 2/ kg, India must effect a 76 per cent reduction in manufacturing costs.
Another point the report makes is that hydrogen research in India is grossly underfunded, with just Rs 25 crore coming from the Budget.
The report further says: "Within India, unless transmission charges are waived, distributed facilities might be more competitive than large, centralised hydrogen plants. Hefty entrants in the space, like Reliance, as CarbonCopy wrote in August, might set up renewable and hydrogen arrays near big and small consumption centres and reprise its actions in telecom. There, the group had given phones away for free and charged for airtime. In energy, it might set up renewable energy infrastructure (local grids for colonies and industrial areas) at no cost and charge for the power."
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