Green hydrogen key to net zero journey, says Adani

New Delhi, January 16

Billionaire Gautam Adani on Tuesday made a fervent pitch for vertically integrated green hydrogen projects to help reduce costs of the carbon-free fuel that holds the key to India’s journey to net zero.

Viable alternative

Renewable energy has come a long way but relies on the right weather conditions; green hydrogen could be a viable alternative to fossil fuels. — Gautam Adani, Chairman, Adani Group

In a blog post for the World Economic Forum (WEF), Adani Group chairman said India, the world’s third-largest energy consumer, shouldn’t consider replacing one fossil fuel with another but instead look at leapfrogging to renewables and green hydrogen.

His comment was in an apparent reference to push for using natural gas, which has a lower carbon footprint than other fossil fuels like coal, as a transition fuel in treading towards net-zero carbon emissions by 2070.

“Renewable energy has come a long way but relies on the right weather conditions; green hydrogen could be a viable alternative to fossil fuels,” Adani said.

Green hydrogen produced by splitting water using renewable electricity is a clean fuel with no carbon emissions. It can be used as a feedstock in industries like steel and oil refineries and as fuel in automobiles and produces just water on being burnt. “Green hydrogen may be the last mile in the net-zero journey for many sectors, especially in India,” he said.