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ARTICLE · 02 SEPTEMBER 2024

Navigating The Challenges And Opportunities Of Green Hydrogen

ALAYA LEGAL ADVOCATES
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India needs consistent and low-cost renewable energy to decrease the cost of production of green hydrogen.

IndiaEnergy and Natural Resources
Suniti Kaur
Suniti Kaur
Samridhi Gandhi
Samridhi Gandhi
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India needs consistent and low-cost renewable energy to decrease the cost of production of green hydrogen. Expert guidance from energy legal advisor and infrastructure legal advisor is advisable to handle projects in these areas as an integrated approach would be required which needs to flow down to transaction and documentation structuring.

Introduction:

India has set a goal of becoming energy independent by 2047 and Net Zero by 20701. To achieve this goal, boosting the usage of renewable energy across all economic sectors is critical to India's Energy Transition. Green hydrogen is regarded as a viable option for facilitating this change. Hydrogen can be used for long-term renewable energy storage, as a fossil fuel replacement in industry, for clean transportation, and potentially for decentralized power generation, aviation, and maritime transport.

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