Skip to main content

Oil refineries and fertiliser plants compelled to include green hydrogen in overall hydrogen consumption starting 2023/24

by Sangam Paudel, Oct 11
1 minute read

As the first stage in India’s transition to green hydrogen fuel, oil refineries and fertiliser plants will be subject to green hydrogen mandates. The draft policy under cabinet approval (by power and renewable energy minister RK Singh) will compel oil refiners to have at least 10% green hydrogen in their overall hydrogen consumption from 2023/24; fertilizer plants will be required to have at least 5%. The required hydrogen consumption will rise to 25% by the end of the decade for oil refineries and 20% for fertilizer plants.

factories with smoke under cloudy sky

So what?

Both industries currently rely heavily on grey hydrogen, which is much cheaper but is produced using fossil fuels, without any carbon dioxide capture. The process of production of green hydrogen does not release carbon dioxide, and the energy necessary for production needs to come from renewable energy sources. Increased green hydrogen production would thus require a similar increase in renewable energy production.

Sources

Details

by Sangam Paudel Spotted 92 signals

Have you spotted a signal of change?

Register to receive the latest from the Futures Centre.
Sign up

  • 0
  • Share

Join discussion

Related signals

Our use of cookies

We use necessary cookies to make our site work. We'd also like to set optional analytics cookies to help us improve it. We won't set optional cookies unless you enable them. Using this tool will set a cookie on your device to remember your preferences.

For more detailed information about the cookies we use, see our Cookies page.

Necessary cookies

Necessary cookies enable core functionality such as security, network management, and accessibility. You may disable these by changing your browser settings, but this may affect how the website functions.

Analytics cookies

We'd like to set Google Analytics cookies to help us to improve our website by collecting and reporting information on how you use it. The cookies collect information in a way that does not directly identify anyone. For more information on how these cookies work, please see our 'Cookies page'.

>