Making green hydrogen viable demands financial, tech support to lower costs

In terms of government support for green hydrogen, a cabinet note proposing to make it mandatory for fertiliser plants and oil refineries is in the works

Mukesh Ambani’s call to bring down green hydrogen costs to less than a fifth of present levels has brightened the spotlight on this clean fuel. Speak­ing earlier this month, the Reliance Indus­tries top boss said he sees green hydrogen costs coming down to a dollar per kg in a decade. But Ambani’s clarion call will not be enough to reach those levels; a mix of financial and technological interventions will be needed.

Much like any other fuel, hydrogen, when burnt, can be used for industrial purposes. But the by-product of burning hydrogen is water, making it the most environmentally friendly