Agree with you that if any vehicle operates by Grey Hydrogen, the very purpose of “going Green” is lost.
But , i was referring in the context of cost and that in spite of the fact that the cost of CNG vehicles / EV being higher than diesel petrol vehicles, still these are being introduced and bought by customers partly with Govt support /mandate and subsidy and because of Awareness among people on air pollution and carbon emission.
When the question of pollution/ carbon emission, climate change , Global warming arises, the whole world is United, science works for a solution, technlogy evolves and develops gradually and the initial high cost of new technology is overcome by economy of scale and improvement in technology.
Saul Griffith says Green Hydrogen is too costly, too volatile and not viable for manufacturing steel. Only in manufacturing Ammonia does Green hydrogen make sense.
Hydrogen Fuel cells are meant to be used in Automobiles which could do away with Lithium ion batteries.
It is a good begining by an Indian defence PSU like BEL to manufacture Hydrogen Fuel cells in India and the joint venture aims to export Hydrogen fuel cells to other countries.
Bharat Electronics Ltd is collaborating with US-based TEV-Triton Electric Vehicle for manufacturing Hydrogen fuel cells with to meet the requirements of the Indian market and mutually agreed export markets.
1-TEV is an Indian LLC with only 24 employees as per LinkedIn.
2- IF TEV has hydrogen fuel cell tech, are there any evidence of it? Why don’t we see vehicles based on it anywhere yet?
3- is it commercially viable?
Sorry for being pessimistic but such news tends to be more promotional in nature than anything substantial.
I do trust the digital media, especially when all Media agencies including TV report , though promo is also a part of the game for all such events.
when a company comes out with an IPO, we do invest based upon so called Promo’s and advertisements and we do apply due diligence while investing our money.
so we need to apply our own due diligence whether to absorb any information or not and to take investments decision.
BEL being a PSU, and the CEO of a PSU can not declare such MOU in digital media if it is not true.
As regards to Triton , the market is buzz with Triton Eelectric vehicles since last two years at least , though the BEL development as mentioned above is just two days old.
Having said that there is no end to debate on hydrogen as a source of energy- whether it is viable or not - there are plenty of proponents who do believe - Hydrogen is going to be the ultimate
source of energy and there are many critics too criticising the technology.
Green hydrogen is still 2-3 times more expensive than blue hydrogen. This report goes into detail about what’s involved in getting green hydrogen from $4/kg to $1/kg to make it competitive for most use cases.
Summary
Cost of the renewable electricity needed to power the electrolyser unit. (India already has the lowest solar energy costs)
Electrolyser Costs
a) Electrolyser design and construction: Increased module size and innovation with increased stack manufacturing
b) Economies of scale: Increasing stack production to automated production in GW scale manufacturing facilities can achieve a step-change cost reduction.
As a part of its National Green Hydrogen Mission the Govt of India has Identified 10 states to be the Hub of Green hydrogen manufacturing on the basis of :
(1) Existence of the user Industries for Green Hydrogen such as steel and fertiliser industries, refineries
(2) Some are also chosen on the basis of existing City distribution net work which can offtake hydrogen.
(3) Potential for Renewable energy generation capacity in the regions such as Solar, Wind & Hydro which would be the basic need to produce Green Hydrogen
(4) Availability of ports for exports of Green Hydrogen
[Update:] Looks like the directors have opened this subsidiary recently and also, have experience in the industry. Have partnered with Brookefield for GH projects
A bill seeking to mandate the use of non-fossil energy sources such as biomass, ethanol and Green hydrogen was passed by Parliament on Monday.
The Energy Conservation (Amendment) Bill, 2022 was cleared in Rajya Sabha by a voice vote on Monday.
Lok Sabha passed the legislation in the previous session in August this year.
The bill provides for penalties for violations by industrial units or vessels, and on manufacturers if a vehicle fails to comply with fuel consumption norms including establishing a carbon trading market.
Going over this report (page 37) from Niti Ayog/RMI, I came across the following exhibit. The outlook and focus for the next decade or so is primarily around reducing carbon emissions from industrial usage of (non-green) Hydrogen. The demand for power and heavy-duty vehicles is almost negligible.
As an investor in India (not sure about the global trends), the way I am reading this is that, yes there are potential opportunities around the green hydrogen ecosystem, but we need to lower our expectations for disruptions in sectors like vehicles/transportation, power, etc.
Agree with the views that Green Hydrogen may not be able to disrupt the transport and Auto Sector in near future.
Infact we have discussed right at the begining of the thread that as of today, almost 90% of World’s Hydrogen Production goes to meet the demand / requirement of Two major consumer Industries namely Fertiliser and Petroleum refineries and these Hydrogen currently being produced from Carbon fuels need to be decarbonised first.,( you may please refer the first introductory post in this thread).
However Green hydrogen for Auto sector and power generation have already begun gradually.
so, the companies those are engaged in Green Hydrogen/ Solar / wind/ Hydro energy production are going to get benefitted during next 4-5 years
Needless to say that Green hydrogen is the theme of the next decade for the entire world and India is not an exception. India is in a sweet spot as Sun God/ Wind God / Rain God are very kind and we are plenty with these renewables resources 365 days in a year and added to this we are having one of the largest land mass in the world and so the world is also looking for sourcing Green Hydrogen from India.
Looks crazy but true that many nations who are not lucky to have vast land mass like ours and in absence of Sun God / Wind God / Rain God all throughout 365 days in the year to produce renewables in their country , have already started renewable projects to produce Green hydrogen in (1) Deserts (2) Off-Shore floating Solar panels (3) Off shore Wind mills ( In fact Cochin shipyard has recently received orders from European countries to make ships to house
off-shore Wind mills)
