India needs 115 GW RE power, 50 bn litre demineralised water to meet 5-mn ton green hydrogen target by 2030: Report

India will need 115 GW of renewable power generation capacity and 50 billion litres of demineralised water supply to achieve the goal of five million tonnes of green hydrogen by 2030, as per the EY India-SED Fund report.In this decade, industrial feedstock-based applications will drive the demand for green hydrogen, a statement said.Price parity between green and grey hydrogen production will determine the speed and scale of transition, said the EY-SED Fund report titled ‘Accelerating Green Hydrogen Economy’, released at the CII’s conference on ‘Green New Energy for a Net Zero India’ in Bengaluru.The report highlights that India’s ambition to produce 5 million tonnes of green hydrogen by 2030 will need 115 GW of renewable power generation capacity and 50 billion litres of demineralised water supply.To get a sense of this scale, the current all-India installed capacity of renewable…

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