Thursday, May 19, 2022

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BRICS Green Hydrogen Summit: NTPC Ltd pushes for Green Energy Generation

NTPC Ltd, under the Ministry of Power, organised a two-day workshop on Green Hydrogen which is emerging as one of the most popular and demanding fields in the areas of Green Energy Transition.

In this leading online event, experts from Brazil, Russia, India, China, South Africa (BRICS) countries participated to share their insights and professional views on ways to develop Green Hydrogen energy sources and the latest developments going on in their countries in this area.

Eminent speakers from BRICS virtual summit, Ms. Agnes M da Costa (Ministry of Mines & Energy, Brazil), Mr. Kovalev Andrey (Russian Energy Agency, Russia), Dr. Prakash Chandra Maithani, (Scientist G, MNRE, Government of India), Ms. Fu Tianyi (National Energy Administration of China), Mr. Makgabo H Tsiri ( International Relations, National Department of Energy, South Africa) discussed and deliberated upon various aspects in relation to Hydrogen Energy.

Investments & Trade for Growth of Green Hydrogen Energy

Talking about the state-private partnerships, the experts iterated that Government and industry must work together to ensure existing regulations are not an unnecessary barrier to investment. 

In terms of trade, it was discussed that common international standard would largely benefit Trade for the safety of transporting and storing large volumes of hydrogen and having an appropriate certificate of origin. 

All the participating experts stated that BRICS countries could work together on these aspects.

India’s National Hydrogen Mission

The Central government this year launched a National Hydrogen Mission to introduce hydrogen purchase obligations for fertilizers, refineries. This has been brought in to involve the private sector in the area of Green Hydrogen Energy generation in a transparent and competitive manner.

The National Hydrogen Mission aims to develop India into a global hub for the manufacturing of hydrogen and fuel cells technologies across the value chain. 

Toward this end, a framework to support manufacturing via suitable incentives and facilitation aligned with ‘Make in India’ and ‘Atmanirbhar Bharat’ is being developed.

BRICS common goal for Sustainable Development

Sharing a common vision of sustainable development and inclusive economic growth, the five BRICS nations pledged to strengthen energy cooperation and ensure affordable, reliable, accessible and secure energy for all.

It was concluded that Green hydrogen has always been a strategic area of importance in the agenda of BRICS countries.

Indeed, Green hydrogen has a great amount of potential to ensure sustainable energy supply as it would increase the level of energy available at the same time will minimize the negative impact on the environment.

 

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