Launch of National Hydrogen Mission: A Step Towards Replacing Fossil Fuels
The Prime Minister announced the launch of the National Hydrogen Mission on August 15, 2021. The Ministry of New and Renewable Energy has prepared a draft Mission document to support production and deployment of Green Hydrogen which can potentially replace fossil fuels in various sectors such as fertilizer production, petroleum refining, steel production and transport applications. This was revealed by Shri R.K Singh, Union Minister for Power and New and Renewable Energy in a written reply in Rajya Sabha.
The Hydrogen Mission and Green Hydrogen
The Hydrogen Mission, launched in 2020, is an ambitious plan to make green hydrogen a major source of renewable energy. According to the International Energy Agency, the global production of green hydrogen has grown by more than 30% in the past year alone. By 2030, it is estimated that green hydrogen could provide up to 24% of the world’s total energy needs. In addition, green hydrogen is expected to create over 30 million jobs worldwide by 2050. The potential for green hydrogen to reduce emissions and provide clean energy makes it an attractive option for countries looking to transition away from fossil fuels. With continued investment and innovation, green hydrogen could become a major part of our global energy mix in the years ahead.You might also like this article: List of 3 large wind energy portfolio owners in Scandinavia. Picture source: Terry Vlisidis