New Energy and Industrial Technology Development Organization (NEDO) India

Under Ministry of Economy Trade and Industry Japan hosted India – Japan Hydrogen Seminar

Pune (P&V news service):- To commemorate the 70th Anniversary of the establishment of the diplomatic relations between Japan and India, NEDO India under the Ministry of Economy Trade and Industry Japan hosted the India – Japan Hydrogen Seminar.

In collaboration with TERI, the session addressed the enormous potential of hydrogen in India, which will attract Japanese industries with advanced hydrogen technologies. The focus was on understanding the supply side (e.g., competitive cost of hydrogen) and the demand side (e.g., how much hydrogen will be used in Oil Refinery, Chemical, Steel, Power, Mobility industries).

The seminar was one of a series of events during “India-Japan Hydrogen Month”. It is also identified as part of events to celebrate the year 2022: The 70th Anniversary of the establishment of the diplomatic relations between Japan and India.

On the dais was Mr. Yoshiro Kaku, Chief Representative, NEDO India, Vandana Kumar Jt. Secretary, Ministry of New & Renewable Energy, Kunihiko Kawarzu , Deputy Chief Mission, Embassy of Japan in India and Mr. KR Jyothi lal IAS, Principal Secretary Transport, Kerala State board apart from Mr. Toshihiko Kurihara, Chief Representative Japan Bank for International Cooperation , where in the Inaugural address was given by Mr. Tarun Kapoor.
Mr Amitabh Kant CEO NITI Aayog delivered valedictory address.

Yoshiro Kaku Chief Representative NEDO India said Japan’s public and private sectors have long been engaged in hydrogen. NEDO also has been developing hydrogen energy technology almost since its establishment, with a history of around 40 years. As a result of such efforts, Japan has developed various advanced hydrogen technologies, such as stationary fuel cells, FCVs, electrolysers, hydrogen transport systems, hydrogen utilization in power plants and steel plants.
Japan has world-leading hydrogen and ammonia technologies, and India has the world’s highest-level hydrogen potential. We’d like to build a new engine of economic growth together by taking advantage of each other’s strength. I’d like to emphasize the message to all the hydrogen-related colleagues in India that, “Japan should be your natural partner in this endeavour.”

Amitabh Kant CEO NITI Aayog in his valedictory address mentioned about the India bold initiative for clean energy transition. Role of green hydrogen will be significant in energy transition and there some technological challenges to overcome this. Green hydrogen cost is higher because of high cost of electricity, which contributes to around 70% of the cost we need to further bring down the cost of green and renewable energy. As per internal assessment, cost of green Hydrogen will come down to 1 dollar per KG by 2030 and 0.7 dollar per KG by 2050.

There should the efforts towards building the infrastructure for storage and transportation of green hydrogen and ammonia along with global regulation and financing for green hydrogen. India’s Green hydrogen Mission is addressing some of these challenges. India and Japan can collaborate in green hydrogen by facilitating technology, cheap finance from Japan and export of green hydrogen to Japan. India climatic condition is best suited for renewable, India has skills, and demonstrated entrepreneurial capabilities got low cost manufacturing. These will bring down the cost of hydrogen in coming days.

Alok Sharma, ED CHT said “The paradigm shift in the energy landscape is becoming clearer day by day with falling prices of Renewables. Hydrogen is emerging at the heart of decarbonisation and is full of Opportunities.”

Toshihiko Kurihara, Chief Representative, Representative Office in New Delhi, Japan Bank for International Cooperation (JBIC) said “JBIC is a Japanese policy-based DFI fully owned by the Japanese government. JBIC offers a range of financial products to our clients to support Hydrogen and low-carbon Ammonia projects including Export Loans, Overseas Investment Loans, Import Loans, Untied Loans and Equity participation”
Eiji Ohira DG NEDO said “Hydrogen is key technology for carbon neutral, Japan has been strongly promoting hydrogen and Just started market penetration, there is need to enhance application, improve technology, The goal is Developing low-carbon energy system and scaling-up / integration with other energy system