This paper “Green Hydrogen: Path to Decarbonization” by TERI examines Green Hydrogen as the means to achieving net zero in hard to abate sectors and not as an end in itself. It also recognises that the finances with the government are limited. Accordingly, the paper explores ways of getting desired outcomes at the least cost; the goal being the creation of globally competitive green carbon free production capacities in downstream hard to abate sectors. A competitive industry structure is desirable as this would facilitate movement down the cost curve.
A strategy for achieving this is delineated. The implementation of sector specific pilot projects is suggested along with the ways of doing so. The aim should be to become the least cost producers of green hydrogen and then of downstream uses for carbon free production of goods and services. The driver for this outcome is focussed well-funded technology development and deployment by a competitive domestic industry structure. Repeated bids would drive firms to go down the cost curve.
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