According to the India Energy Storage Alliance (IESA), the use of green hydrogen and advanced batteries will aid the region’s industrial decarbonization efforts.
India has already established itself as a leader in low-cost renewable energy, with the Indian government aiming to deploy 450 GW of renewable energy by 2030.
Green hydrogen can help meet the additional demand required to decarbonize the industrial, petrochemical, and fertilizer sectors.
Additionally, it is anticipated that green hydrogen projects will raise demand for batteries, as electrolysers require continuous green electricity to function optimally.
The IESA estimates that the Advanced Chemistry Cell Battery Manufacturing Program and the Hydrogen Mission will enable India to accelerate the decarbonization of the grid, heavy industries, and transportation over the next decade.
Additionally, the IESA collaborates closely with numerous international alliances and organizations from the United States of America, the United Kingdom, Canada, Germany, China, Japan, Korea, South Africa, MENA, Norway, Scotland, Finland, and Australia to promote bilateral partnerships, technology transfer, and global collaboration.
To speed the development of hydrogen in India, the IESA has inked memorandums of understanding with the MENA Hydrogen Alliance and Greenstat Hydrogen India.
Dr Rahul Walawalkar, President of the India Energy Storage Alliance said, “We aim to leverage our industry building experience to help India explore and seize the opportunities in the emerging hydrogen market. This is the decade for Indian industries to invest in early-stage technologies and make India a global hub for manufacturing, deployment and R&D of advanced energy storage technologies including green hydrogen. We at IESA, are continuously working on addressing the challenges ahead and formulate a way forward in collaboration with the industry and the government. Green Hydrogen is the next big revolution in the energy storage story and IESA is fully committed to India’s potential to be a Green Hydrogen powerhouse. IESA is dedicating significant resources to support India’s hydrogen mission and already concluded three international roundtables and two events highlighting India’s renewed focus. IESA has also roped in Mr. Kowtham Raj VS, energy storage expert from the National Think-Tank NITI Aayog as Director of New Initiatives to lead the green hydrogen activities.”
