India, EU eye deeper cooperation on green hydrogen | Daily News

India, EU eye deeper cooperation on green hydrogen

There is huge potential for deep and broad cooperation between India and the European Union (EU) in the field of green hydrogen including through initiatives like the EU’s Global Gateway and thereby accelerate green transition, according to Ugo Astuto, Ambassador of the European Union to India.

His comments assume significance in the backdrop of India’s National Green Hydrogen Mission being in the advanced stages of approval as well as the EU bringing out last month backdrop of India’s National Green Hydrogen Mission being in the advanced stages of approval as well as the EU bringing out last month its ‘REPowerEU Plan’ to end the EU’s dependence on fossil fuels including from Russia as well as to tackle the climate crisis.

Astuto was speaking at an event organised by RIS in collaboration with the Ministry of External Affairs and the EU-European External Action Service on India-EU ‘Cooperation in Green Hydrogen: Towards Sustainable Energy Transition’ on Thursday.

Noting that green hydrogen will help reduce fossil fuel dependency, he said there is a need to use investments, including those mobilized by the Global Gateway to develop and strengthen the green hydrogen ecosystem.

The EU’s ‘REPowerEU Plan’ aims, among other things, to boost Green Hydrogen Partnerships to facilitate green hydrogen import (to the EU) and support the ‘decarbonisation in the partner countries’. REPowerEU has “set a target of 10 million tonnes (mt) of domestic renewable hydrogen production (in the EU) and 10 mt of renewable hydrogen imports (to the EU) by 2030.” www.Indiatimes.com


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