PHDCCI-led summit to give insight into green energy
Green Hydrogen is the future of the Indian energy and chemicals sector, and it will facilitate Indians to capture new avenues of growth and become global champions in this era, where the world is demanding green products, believes Amitabh Kant, CEO, NITI Aayog.
“Locally available Green hydrogen made from India’s record low renewable power will help India create high-value green industries like green refining, green ammonia, green steel and green chemicals,” Kant said on 7 July 2021 at the announcement of ‘International Climate Summit 2021’ (ICS 2021), an initiative by the Environment Committee, PHD Chamber of Commerce and Industry (PDHCCI).
Dr. J. P. Gupta, the Summit Chair and Chairman Environment Committee, PHDCCI, elaborated, “India is uniquely placed to produce hydrogen for its own needs, however, there is an urgent need to address all issues pertaining to clean energy together. This would not only help in finding a set of balanced, positive and beneficial solutions for the future but also propel India in becoming a global export hub for green hydrogen.”
Prime Minister Narendra Modi is being invited to inaugurate the Summit being organised by PHDCCI in partnership with NITI Aayog, Ministry of Environment, Forest & Climate Change, Department of Scientific & Industrial Research, CSIR and the Department of Science & Technology on 3 September 2021 at New Delhi.
The Government of Norway has kindly consented to be the Partner Country for the Summit.
A special knowledge book on the above subject, aptly titled ‘Self-Reliant India – Harness the Power of Hydrogen’ authored by Dr. Karen Landmark and her team of international experts from Norway would be released by the Prime Minister during the Summit.
Speaking about the commencement of the first-ever climate event at a global level, PHDCCI President Sanjay Aggarwal said, “The summit is timely and important for the country in building India’s Hydrogen Economy, its policies and a roadmap for the future. It would also facilitate the building of an enabling regulatory framework needed to give a boost to the Make in India initiative in production, supply chain and partnerships for the hydrogen ecosystem in India.”
Co-organised in association with ITEN Media, India’s leading organiser of Energy events, the summit is supported by Ministries of New and Renewable Energy, Petroleum & Natural Gas, Power, Coal, Earth Sciences and Micro, Small & Medium Enterprise.
As a precursor to the 26th Conference of Parties (COP) to the UN Framework Convention on Climate Change (UNFCCC) scheduled in November 2021 at Glasgow, ICS 2021 is a step forward in the mission and aims to meet climate challenges through a consolidated approach and timely interventions.
While India has emerged as a global leader in climate change, as the world’s third-biggest emitter, it is also making visible efforts to reduce global warming and remains committed to substantially reducing its carbon footprint in the future.
Given its geographical location, India is among the best-suited countries to produce renewable energy from solar and wind, making the production of hydrogen through renewable cost-effective. With abundant natural resources, favourable climatic and geographical conditions, India has an advantage that needs to be harnessed, said the summit announcement.
In this regard, The National Hydrogen Energy Mission announced in the Budget of India 2021-22 also provides the industry an impetus towards tapping Hydrogen as an alternate source of energy & building capacity to become the cheapest hydrogen producer in the world by 2050.
The Summit agenda complements these initiatives through recommendations on the formation of an ‘International Hydrogen Alliance’ similar to ‘International Solar Alliance’, and the setting up of ‘Centres of Excellence’ in select Universities across India. Key Initiatives that will assist in capacity building through a strong knowledge base and R&D.
Together with Prime Minister Modi and other world leaders, the summit will bring together Nobel Laureates, Policy Makers, Regulators, Industry Leaders, Experts and Scientists to arrive at a consensus in matters pertaining to climate change and sustainability.
The Summit will be India-centric and action-oriented with a special focus on ‘Powering India’s Hydrogen Ecosystem’. The summit sessions will focus on cooperative efforts that will help establish solutions for storing and transporting pressurized and liquefied hydrogen, to build a hydrogen economy and supply chain in India.
It will also explore possibilities in blue and green hydrogen production & storage; transport powered by hydrogen fuel cells & other heavy-duty transportation; hydrogen-use clusters including industrial clusters – specifically for steel, refineries, fertilizers, cement, ports and logistics.
The International Climate Summit 2021 thus promises to be a progressive step towards a cleaner, greener and sustainable future, said PHDCCI. It will facilitate global collaboration in building sustainable pathways for production, storage, transportation, distribution and ambitious deployment of hydrogen technologies by 2040. #environment #climate #investment #energy #OPEC #technology #manufacturing /fiinews.com
