This is significant in light of Europe’s desire for alternatives to Russian natural gas. “Green hydrogen is one of the options. As it happens, becoming a net exporter of green hydrogen is one of India’s aims; we may become a net importer since the Netherlands doesn’t have the acreage to create all of the green hydrogen itself,” said Prince Jaime de Bourbon de Parme, the Netherlands’ Climate Envoy.
The conflict in Ukraine has accelerated the conversation about energy reliance. Alternatives to Russian gas are required.
According to the paper, green hydrogen is produced by electrolyzing water with sustainable energy sources such as solar or wind. Biomass-based hydrogen generating systems are also environmentally friendly. Brown and grey hydrogen, on the other hand, are created by coal gasification and natural gas reforming, respectively. These methods of manufacturing emit a substantial quantity of carbon dioxide. Blue hydrogen is produced by combining suitable carbon collection and utilization technology.
Area of concentration
At its Mathura refinery, Indian Oil has previously announced plans to build the country’s first ‘Green Hydrogen’ facility. The purest source of energy, hydrogen, is the next priority area throughout the world to meet growing energy demands.
According to Parme, green hydrogen is needed not just for energy-intensive industries, but also for transportation and residential uses. Green hydrogen may be able to take the place of gas in the future. “The Netherlands is well-positioned to be your gateway to the rest of Europe,” he added, noting that the Port of Rotterdam, Europe’s largest port, connects Northern European nations such as Germany and Belgium.
According to the International Renewable Energy Agency (IRENA), India would require roughly $42 billion per year in yearly renewable energy expenditures from now until 2030.
The Netherlands is India’s sixth-largest foreign direct investor. As a result, “you can expect to see these investments migrating away from fossil fuels and toward renewables in the future,” he said.
In response to a question on the possibilities for green hydrogen usage in industry, he stated that he is in contact with the business since they should be putting orders. “So, how do we arrange it, and what infrastructure do we require?” Is hydrogen going to be sent as ammonia or frozen? All of this must be agreed upon before determining the best course of action. Singapore and Japan are now the most advanced in terms of importing green hydrogen, so we’re looking to them to establish the benchmark and see what the standard will be in the future,” he added.
The Netherlands and India have signed a Memorandum of Understanding on Renewable Energy. It has Memorandums of Understanding with a number of countries as an open arrangement to see and explore how we might collaborate. “There are various areas of partnership, including research, information, plant construction, and infrastructure, such as ports and solar and wind power generating. If we want to retain a futureproof Earth, we must map out all of these regions and drastically decrease emissions,” he stated.
