Maharashtra’s Inexperienced Hydrogen Coverage 2023 signaled a daring step towards decarbonizing its industries and constructing a inexperienced economic system. With a goal to supply 500 kilotons of inexperienced hydrogen yearly by 2030, the state is aiming to turn into a nationwide hub for inexperienced hydrogen improvement. Nonetheless, unlocking this chance relies on addressing systemic challenges round manufacturing price, infrastructure, and governance. This report “Maharashtra’s Pathway to Change into a Inexperienced Hydrogen Hub” by RMI assesses Maharashtra’s inexperienced hydrogen manufacturing competitiveness whereas assessing the affect of coverage incentives on lowering the hole in gray and inexperienced hydrogen value factors. Inexperienced hydrogen in Maharashtra shouldn’t be but cost-competitive with gray hydrogen, however focused incentives are closing the hole.
The report finds that:
- On-site tasks provide the bottom present price (~$4/kg), however face land constraints; third-party fashions enhance utilization however come at a premium.
- State capital expenditure subsidies have the potential to decrease the levelized price of hydrogen by 21–25 %, bringing it down from $4.5 per kg to beneath $3.5 per kg
- Anchor items and tasks linked to India’s Central Transmission Utility can scale back prices by as much as 30 % with capital and operational subsidies.
The report lays out a framework primarily based on bodily infrastructure, market creation, coverage dedication, analysis and innovation, and monetary help for scoping inexperienced hydrogen hubs within the state. The findings spotlight that Raigarh and Ratnagiri could possibly be potential early-mover inexperienced hydrogen hubs.
Entry the report right here
