Green’ hydrogen is expected to become cost competitive with hydrogen from fossil fuels in India by 2030, according to a new report from The Energy and Resources Institute (TERI). The report estimates that by 2030 the costs of hydrogen from renewables in India will fall by more than 50%. This, combined with the imperative to decarbonise the economy, could increase hydrogen demand in India at least five-fold by 2050, with about 80% of it ‘green’.
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