Focus on stable power grid, renewables, not on green hydrogen, says GTRI

India should focus on ensuring a stable power transmission system and increasing renewables in the energy mix rather than on capital-intensive green hydrogen, think tank GTRI said in its report on Monday.

Global Trade Research Initiative (GTRI) said that global private investments in green hydrogen are low, with rich countries providing substantial subsidies.

India should carefully consider the viability and costs before subsidizing its use, GTRI co-founder Ajay Srivastava said.

The report said that green hydrogen is 6-8 times more expensive than standard energy options, making it economically challenging and the cost of producing green steel using this hydrogen is 40-60 per cent higher compared to regular steel.

"India should focus on stabilizing grid power and increasing its renewable energy share rather than investing in an expensive green hydrogen ecosystem," it said adding the transportation and storage of green hydrogen require specialized infrastructure due to its flammabili