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24/7 Power Is Key To Lowering The Prices Of Green Hydrogen
Mint Mumbai
|February 24, 2025
Green hydrogen currently costs around $5 per kg, and its high price is hindering mass adoption, Gentari CEO Purohit said
India is well-positioned to become a leader in terms of green hydrogen output, and round-the-clock supply of renewable energy would be key to lowering the cost of its production in the country, said Sushil Purohit, chief executive of Gentari.
In an interview, the CEO of the renewable energy arm of Malaysia's energy major Petronas said that the green hydrogen ecosystem is still in its initial stages and will pick up pace going ahead with immense scope for its adoption.
"If you talk about hydrogen...you need to optimize everything. When you talk about hydrogen, you need to optimize renewable energy production. You need to optimize your electrolyzers, you need to make sure that your transport and shipping is optimized. You need to optimize everything to have the right cost, and that's where we believe 24/7 power or close to that, is going to be key for having competitive hydrogen prices," he said.
This story is from the February 24, 2025 edition of Mint Mumbai.
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