Get latest articles and stories on Business at LatestLY. New Delhi [India], September 22: The Confederation of Indian Industry (CII) organised the 4th International Conference & Exhibition on Clean Energy, bringing together thought leaders, policymakers, and experts from the clean energy sector. The event revolved around the Indian government’s ambitious goal of achieving complete net-zero emissions by 2070. Business News | ICP Keshari, Former Government Official Champions Battery Storage as Key to India's Renewable Energy Transition.
Speaking at the special ministerial session of the Fourth International Conference & Exhibition on Clean Energy here, Singh said that the cost of green hydrogen would be cheapest in India and that it would become a viable energy storage alternative.
Renewable Energy Push: Government Likely To Permit Accrual Of Carbon Credits For Exported Green Hydrogen swarajyamag.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from swarajyamag.com Daily Mail and Mail on Sunday newspapers.
Green Hydrogen COST: "Green hydrogen is cheaper than gas and battery energy storage systems. We have come up with a pilot bid for about 100 MW which we hope will establish the benchmark. Once we are able to use green hydrogen for our energy requirements, all supply chain issues such as availability of lithium-ion batteries will be resolved. We will make green hydrogen and use it as storage," he said.
The Union Minister for Power and New & Renewable Energy, R.K. Singh, said on Saturday that the cost of round-the-clock renewable energy will fall to just about Rs 6 per unit from Rs 8 per unit at present if green hydrogen is used for .