New Energy
Green Hydrogen Price Starting to Come Down in India, Hygenco Says
- The company expects to have three plants running by year’s end
- India aims to increase annual output to 5 million tons by 2030
A hydrogen plant in Jorhat, India.
Photographer: Anupam Nath/APThis article is for subscribers only.
Hydrogen produced using renewable power is starting to sell for less than that made with natural gas in India, according to a producer there.
The country is reliant on imports to meet its demand for natural gas, and that expense is reflected in the price of so-called gray hydrogen. That may be tilting the balance in favor of the green version, which has typically been far costlier to produce.