Green hydrogen in India can not only provide energy for sectors such as fertilizers, chemicals, refining and iron, but also save carbon emissions compared to fossil fuels, the World Economic Forum said on Wednesday.
In a detailed analysis of what it will take to make green hydrogen a credible energy pathway in India, the report said, “Green hydrogen can enable energy transition as India takes its net-zero journey towards 2070 while supporting its growing energy needs.” Hydrogen produced through the electrolysis of water and powered by renewable energy, which is known as green hydrogen, is considered a clean, flexible and versatile energy carrier that can also help address the tension between energy supply and climate change, the report said.