India has unveiled a national hydrogen mission to accelerate plans to generate the carbon-free fuel from renewables, but analysts said that green hydrogen will struggle to compete with fossil fuel derived hydrogen at least until the end of the decade on cost, potentially creating challenges in lifting demand. However, they added that the recent allocation of hundreds of millions of dollars in the federal budget for fiscal year 2021-22 (April-March) to push renewables is a signal that New Delhi is keen to speed up the process to embrace hydrogen as a fuel in a country which imports 80% of its crude oil requirements. “The new mission will help to give a big push to green hydrogen. But as far as I can see, it will be a combination of blue and green hydrogen for many years,” R. K. Malhotra, president of the Hydrogen Association of India, told S&P Global […]