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Green Hydrogen H2 News

India is taking significant steps toward its green transition, with the ambitious goal of achieving net-zero emissions by 2070. To accelerate this transformation, the country is exploring alternative solutions, including reducing reliance on imported hydrogen by producing it domestically from carbon-emitting methane.

Green Hydrogen H2 News

The European Union has introduced a new Renewable Energy Directive that includes a mandate for industry to procure 42% of its hydrogen from renewable fuels by 2030, rising to 60% by 2035. This is a significant opportunity for Australian exporters of green hydrogen, which is produced using renewable energy sources such as solar and wind power.

Green Hydrogen H2 News

Hydrogen is evaluated as one of the next-generation eco-friendly energy sources that will replace fossil fuels along with electricity. It emits only water while driving, can dramatically reduce carbon emissions, and has a high energy density, making it effective not only in passenger cars but also in moving commercial vehicles, trains, and ships. Another advantage is that the charging time is short compared to electricity, and unlike fossil fuels, it can be mined in various areas.

Green Hydrogen H2 News

India’s ambitious journey towards achieving net-zero emissions by 2070 received a significant boost as key players in the energy industry converged at the Economic Times India Net Zero Forum 2023.