IESA set to accelerate green hydrogen development
Green Hydrogen as a new energy storage medium is witnessing a growth momentum and more than 25 nations have set up roadmaps and financial incentives over the past two years. Wind and solar energy coupled with energy storage can provide electricity to power homes and electric vehicles, while green hydrogen could be an ideal low-carbon option for energy-intensive industries like oil refining, steel, cement, fertilizer, heavy mobility, and industrial heating.
India Energy Storage Alliance (IESA), India's leading alliance on energy storage, hydrogen & e-mobility has announced that it is organizing its annual flagship event on hydrogen and fuel cell, "Hydrogen India Conclave" on 23rd June 2021 focused on both mobility and industrial applications.
The event is supported by Niti Aayog, Methanol Institute and the Government of the UK is the official country partner and Ador Powertron is the associate partner for the event.
India has already emerged as one of the lowest-cost renewable energy leaders and the Indian government plans to reach 450 GW of RE deployment by 2030. Green Hydrogen can provide the additional demand that will enable Renewable energy to help in deeper decarbonization of the industrial, petrochemical, and fertilizer sector. Green Hydrogen projects are also expected to increase the demand for batteries as electrolyzers need continuous green electricity for optimal operation.
Dr. Rahul Walawalkar, President, India Energy Storage Alliance said, "We aim to leverage our industry building experience to help India explore and seize the opportunities in the emerging hydrogen market. This is the decade for Indian industries to invest in early-stage technologies and make India a global hub for manufacturing, deployment, and R&D of advanced energy storage technologies including green hydrogen. We at IESA, are continuously working on addressing the challenges ahead and formulate a way forward in collaboration with the industry and the government."
IESA's efforts for developing green hydrogen and advanced battery storage tech:
Green Hydrogen is the next big revolution in the energy storage story and IESA is fully committed to India's potential to be a Green Hydrogen powerhouse. IESA is dedicating significant resources to support India's hydrogen mission and already concluded three international roundtables and two events highlighting
India's renewed focus. IESA has also roped in Mr. Kowtham Raj VS, Energy storage expert from the National Think-Tank NITI Aayog as Director of New Initiatives to lead the Green Hydrogen activities."
IESA has already given its written comments on the Draft Hydrogen Mission document shared by the ministry and works closely with MNRE, NITI Aayog, and various member companies to grow this nascent industry. IESA has 20+ members actively pursuing hydrogen which includes Bosch, Cummins, HPCL, Oil India, Renew Power, Toyota Kirloskar, KPIT, ACME, H2E, Hero Future Energies, Thermax, and others. It also counts the World Bank and International Finance Corporation as its valued members, as these international agencies lead the financing conversation on Green Hydrogen globally. In addition, IESA is exploring new partnerships and collaboration with more electrolyzers, refining, fuel-cells, steel, and fertilizer companies into its platform.
IESA closely works with various international alliances & organizations from the USA, UK, Canada, Germany, China, Japan, Korea, South Africa, MENA, Norway, Scotland, Finland, Australia, and other countries to promote bilateral partnership, technology transfer, and global collaboration. IESA signed MoUs with MENA Hydrogen Alliance and with Greenstat Hydrogen India, respectively to accelerate the development of Hydrogen in India.
IESA anticipates that Advanced Chemistry Cell Battery Manufacturing Program and Hydrogen Mission can enable India to fast-track de-carbonization of the grid, heavy industries, and transportation sector in the coming decade.