The Green Revolution: Hydrogen’s Role in Decarbonizing the World |

Updated: April 05, 2025 07:12

Image Source: Hitachi Social Innovation

Green hydrogen is on its way to becoming a pillar of the global energy shift, as nations and firms compete to capitalize on its potential. This clean energy is manufactured via electrolysis using renewable power, providing a green alternative to fossil fuels. But while the rush is gaining pace, important hurdles need to be overcome to ramp up production, cut costs, and develop infrastructure.

Major Milestones in Green Hydrogen

Oman's Pioneering Role in Green Hydrogen:

In early 2025, Oman revealed its third green hydrogen tender to produce 1.38 million tonnes per year by 2030.
It is going to spend $49 billion on eight projects demanding 34.8 GW of renewable energy capacity.

India's Ambitious Green Hydrogen Mission:

India targets producing 5 million metric tons (MMT) of green hydrogen per year by 2030.
Major initiatives are Kandla Port's inaugural green hydrogen plant, which will be functional by June 2025, and L&T's new hydrogen development subsidiary.
India hopes to save ₹1 lakh crore in fossil fuel imports and receive ₹8 lakh crore in investments by the end of the decade.

Global Shipping and Aviation Push:

The European Union and International Maritime Organization (IMO) are pushing shipping decarbonization regulations.
Green methanol, a hydrogen derivative, is becoming popular as a greener fuel for shipping.

Corporate Investments and Challenges:

Corporate entities such as Larsen & Toubro (L&T) are growing their hydrogen offerings, while others like Trafigura have dropped projects due to prohibitive costs and logistical issues.

Challenges Hindering Progress

Prohibitive production costs and low demand for green hydrogen derivatives such as green methanol.
Infrastructure gaps and regulatory uncertainties in most regions.
Recent cancellation of projects emphasizes the challenge of becoming profitable in the near term.

Outlook

Green hydrogen may have tremendous potential in decarbonizing applications like transport, steel, and power generation, but its large-scale deployment will depend on bridging economic and technical challenges. Governments and private industries need to come together to develop positive policies, invest in infrastructure development, and ramp up production.

Sources: SolarQuarter, PV Magazine, Business Standard, Adda247, India Today, Energy News Pro, Hydrogen Central

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