India is well-equipped to generate renewable energy at a cost-competitive price
India could be major hydrogen exporter
Low renewable energy costs combined with low domestic demand could allow country to become an exporter of the fuel, panel says
India has the potential to be an exporter of green hydrogen, as the country’s abundant renewable energy resources will help it become one of the lowest-cost producers of the fuel in the world, delegates heard at a conference organised by research firm BloombergNEF in New Delhi on Wednesday. “India possibly could have an export market. The reason is we are sufficiently well-equipped to generate renewable energy at a very cost-competitive price globally, and that is the major factor in hydrogen,” Kapil Maheshwari, president of new energy at Indian conglomerate Reliance Industries, said at the event. “We will be able to compete in the world. Some of those countries that are very pro-green hydro
Also in this section
23 January 2025
Russia, Poland and Romania are the biggest players when it comes to hydrogen projects in the region
23 January 2025
The UK leads Western Europe in terms of active hydrogen project market share, but developments are planned across Italy, Spain, Portugal, the Netherlands and the Nordic countries
23 January 2025
The return of Donald Trump gives further evidence of ‘big oil’ as an investable asset, with the only question being whether anyone is really surprised
21 January 2025
The new president must put his cards on the table and tell the American people, and the world, if the US is formally abandoning the energy transition
