RFNBO Certification - Leveling Dissonances Between EU And Indian Scenarios

Owing to the abundance of renewable energy in India, India is posited to be a major exporter of green hydrogen and substantially cater to Europe's burgeoning green hydrogen needs against the backdrop of its proactive decarbonatisation goals. Leveraging the National Green Hydrogen Mission (NGHM), India aims to export 10 million metric tonnes (MMT) of green hydrogen annually in the near future, predictably claiming 10% of the global green hydrogen market.

Parallelly, European countries, faced with strict regulatory mandates towards meeting its net zero targets, stand to benefit more from access to lower priced green hydrogen imported from India than from depending on the domestic production of green hydrogen in Europe and incurring high production costs.