The Indian hydrogen market is poised for significant growth, driven by domestic consumption and export potential. The current hydrogen demand in India is approximately 6.5 million metric tons per annum (MTPA), primarily for captive use in refineries and fertilizer production. However, demand could increase to 15–25 MTPA by 2040. The Indian government is actively promoting green hydrogen through the National Green Hydrogen Mission, aiming for a production capacity of at least 5 MTPA by 2030. This mission includes financial incentives, infrastructure development, and policy support to create a robust green hydrogen ecosystem. India also aims to become a global hub for green hydrogen production, leveraging its abundant renewable energy resources. Several green hydrogen projects are underway in India, including export-oriented projects, microgrids, and mobility projects. The green hydrogen market in India is projected to reach approximately $30–35 billion per year by 2035–2040. This chapter serves as a review paper, providing recommendations and suggestions to administrators and policymakers on developing a future roadmap for marketing green hydrogen.

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Market Analysis and Application of Green Hydrogen in Steel and Maritime Sector

  • Giti Vatsa,
  • Avishek Ghosal

摘要

The Indian hydrogen market is poised for significant growth, driven by domestic consumption and export potential. The current hydrogen demand in India is approximately 6.5 million metric tons per annum (MTPA), primarily for captive use in refineries and fertilizer production. However, demand could increase to 15–25 MTPA by 2040. The Indian government is actively promoting green hydrogen through the National Green Hydrogen Mission, aiming for a production capacity of at least 5 MTPA by 2030. This mission includes financial incentives, infrastructure development, and policy support to create a robust green hydrogen ecosystem. India also aims to become a global hub for green hydrogen production, leveraging its abundant renewable energy resources. Several green hydrogen projects are underway in India, including export-oriented projects, microgrids, and mobility projects. The green hydrogen market in India is projected to reach approximately $30–35 billion per year by 2035–2040. This chapter serves as a review paper, providing recommendations and suggestions to administrators and policymakers on developing a future roadmap for marketing green hydrogen.