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

Welcome to the PE Media Network

PE Media Network publishes Petroleum Economist, Hydrogen Economist and Carbon Economist to form the only genuinely comprehensive intelligence service covering the global energy industry