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Gautam Adani’s Take On Reducing Green Hydrogen Costs to Make It More Available

These green energy initiatives taken up by the Adani Group have also allowed the global conglomerate to tackle Adani Group controversies better.

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Gautam Adani’s Take On Reducing Green Hydrogen Costs to Make It More Available

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  1. GAUTAM ADANI’S TAKE ON REDUCING GREEN HYDROGEN COSTS TO MAKE IT MORE AVAILABLE

  2. However, we may not have the infrastructure to fulfil all our needs with renewable energy sources. So, we must start focusing on the renewable energy sector. That way, we will not only be able to decrease energy costs but also ensure that the residential and industrial operations can be carried out smoothly. Keeping this in mind, the conglomerate has taken several green energy initiatives. These green energy initiatives taken up by the Adani Group have also allowed the global conglomerate to tackle Adani Group controversies better.

  3. Reduction in Green Hydrogen Costs Gautam Adani, the Chairman of the Adani Group, recently mentioned at the World Economic Forum 54th Annual Meet that the cost of green hydrogen must fall to USD 1 per kg for people to start using it daily. He also said that the decrease in solar cost can easily be replicated with green hydrogen. This is going to be highly beneficial to society. It will also allow for reduced energy expenses. At present, the cost of production of green energy is around USD 3-5 per kg, which is quite high and many people may not be able to afford it for their daily use.

  4. How Will the Reduced Cost of Green Hydrogen Benefit the People? Gautam Adani has mentioned that reduced energy costs will lead to fuel security in the country. There will be no more uncertainties relating to imported ammonia prices, a crucial component for manufacturing fertilisers. It will also offer our planet a chance to avert the adverse impact caused by rapid changes in climatic conditions. The overall pollution level will be reduced. The people will start to breathe in clean air. They will no longer have to give up their lives simply because of increased atmospheric pollution.

  5. Thank you

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