India is all set to host a two-day summit on Green Hydrogen initiatives on June 22 and 23, involving the BRICS nations. The event will be held via video conference and anchored by global energy major NTPC Ltd, said the government on Sunday.
“The prestigious event offers a platform to share their respective Green Hydrogen initiatives and views on how to take it to the next level in their own countries,” the ministry of power said in a statement.
The virtual summit will bring the best brains, policy makers and major stakeholders from the BRICS nations deliberating and discussing at length the future of Hydrogen in the energy mix, the ministry said.
On Day 1, the representatives from each country will share the initiatives undertaken by their countries on utilization of hydrogen and their future plans. The speakers will also share the relevance of different technologies developed on hydrogen and its priorities for their country.
The second day will witness panel discussions on ideas integrating hydrogen in overall energy policy framework by different countries. The discussions will entail financing options for the emerging green hydrogen technologies and the institutional support needed to create the requisite ecosystem for the technology to flourish, the ministry said.
“As the world rapidly moves to decarbonise the entire energy system, hydrogen is poised to play a vital role and build on the rapid scale-up of renewable resources across the world. Hydrogen when produced by electrolysis using renewable energy is known as Green Hydrogen which has no carbon footprint. This gives Hydrogen the edge over other fuels to unlock various avenues of green usage. However, challenges lie in terms of technology, efficiency, financial viability and scaling up which the summit will aim to address,” the ministry said in the statement.