The Report charts the growth of hydrogen use in the globe and India, and posits that usage will surge contingent to the sustainable production of the gas. Outlining electrolysis through renewable energy as the breakthrough process, it offers a template for how the ecosystem could grow over the next few years. Presenting competing technologies of electrolysers, it decodes the economics of green hydrogen projects. Detailing the policies in place, it concludes that several more incentives would be needed to bring green hydrogen prices close to those of grey hydrogen. Finally, it outlines a significant capex opportunity in electrolysers, green molecules, and associated renewables capacity.
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