Zero Carbon Future – Gautam Adani, Chairman of the Adani Group, stresses the importance of Green Hydrogen in reducing emissions for countries like India. In his blog for the World Economic Forum, he discusses how Green Hydrogen can replace fossil fuels for a cleaner and renewable future.
The blog highlights the environmental and developmental benefits of Green Hydrogen, emphasizing its potential as a zero-emission fuel. Adani suggests that Green Hydrogen is crucial for achieving global carbon neutrality. Hydrogen, known for energy storage and producing electricity with water as the only byproduct, plays a key role.
To fully unlock its potential, the blog suggests wider adoption, reduced production costs, policy support, and a vertically integrated supply chain to make Green Hydrogen affordable. Adani notes that companies with integrated processes can provide affordable green molecules. The goal is to decrease production costs from $3-5 per kilogram to $1/kg for widespread adoption.
Adani sees Green Hydrogen as an equitable solution for India, promoting a shift to renewables and green hydrogen instead of replacing one fossil fuel with another. This transition can enhance energy security, air quality, and food security by reducing uncertainties in fertilizer prices. Importantly, it offers a chance to mitigate the adverse impacts of climate change globally.
Zero Carbon Future
The blog provides a roadmap for leaders, policymakers, and industry stakeholders to navigate challenges and opportunities in the changing energy landscape. Adani New Industries Limited is actively working on end-to-end solutions for globally competitive green hydrogen production in Gujarat, with plans to expand capacity and invest USD 50 billion over the next decade.
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