Black & Veatch pinpoints, at Hydrogen India Summit 2023, decarbonization models that will hasten India's shift to cleaner fuels
DELHI, India, Jan 18 (Bernama-BUSINESS WIRE) -- With India’s reliance on imported crude oil, opportunities exist to plan for and grow the use of green hydrogen as a zero-emissions fuel source for the country’s transport sector, including commercial fleets and aviation.
“The commercial credibility of hydrogen development is absolutely key, particularly around securing viable off-takers for the product. There are a few emerging business models that are being studied and developed more closely in India, for domestic consumption and export. This includes the use of hydrogen for transport fleets, the use of hydrogen derivatives as an aviation fuel and the production of green ammonia,” said Ruturaj Govilkar, Country Manager and Managing Director, India, Black & Veatch.
India serves as an integral part of Black & Veatch’s innovation network exploring and providing hydrogen and other emerging sustainable solutions for clients globally. Countries throughout the world continue to announce new decarbonization and hydrogen strategies, and India recently approved the National Green Hydrogen Mission with an initial outlay of Rs.19,744 crore (US$ 2.3 billion). The Mission aims to make India a global hub for production, utilization and export of green hydrogen and its derivatives.
Speaking at the Hydrogen India Summit 2023, Govilkar proposed that, together, electric vehicles (EVs) and vehicles powered by hydrogen – in particular commercial fleets – are an alternate form of transportation that may eventually be more cost-effective, compared to the rising cost of fossil fuels.
Other promising commercial models include the production of green ammonia for export whereby importing countries could substitute ammonia directly for natural gas and use it for critical applications like power generation, or the use of ammonia as a fuel for shipping. A significant advantage is that outside the electrolysis process to produce green hydrogen, the production of ammonia is a well-established technology.
Similar to the ammonia synthesis loop, Black & Veatch notes that the basic method for producing synthetic fuel for aviation or other uses is proven, and pending wider usage.
Editor’s Notes:
DELHI, India, Jan 18 (Bernama-BUSINESS WIRE) -- With India’s reliance on imported crude oil, opportunities exist to plan for and grow the use of green hydrogen as a zero-emissions fuel source for the country’s transport sector, including commercial fleets and aviation.
“The commercial credibility of hydrogen development is absolutely key, particularly around securing viable off-takers for the product. There are a few emerging business models that are being studied and developed more closely in India, for domestic consumption and export. This includes the use of hydrogen for transport fleets, the use of hydrogen derivatives as an aviation fuel and the production of green ammonia,” said Ruturaj Govilkar, Country Manager and Managing Director, India, Black & Veatch.
India serves as an integral part of Black & Veatch’s innovation network exploring and providing hydrogen and other emerging sustainable solutions for clients globally. Countries throughout the world continue to announce new decarbonization and hydrogen strategies, and India recently approved the National Green Hydrogen Mission with an initial outlay of Rs.19,744 crore (US$ 2.3 billion). The Mission aims to make India a global hub for production, utilization and export of green hydrogen and its derivatives.
Speaking at the Hydrogen India Summit 2023, Govilkar proposed that, together, electric vehicles (EVs) and vehicles powered by hydrogen – in particular commercial fleets – are an alternate form of transportation that may eventually be more cost-effective, compared to the rising cost of fossil fuels.
Other promising commercial models include the production of green ammonia for export whereby importing countries could substitute ammonia directly for natural gas and use it for critical applications like power generation, or the use of ammonia as a fuel for shipping. A significant advantage is that outside the electrolysis process to produce green hydrogen, the production of ammonia is a well-established technology.
Similar to the ammonia synthesis loop, Black & Veatch notes that the basic method for producing synthetic fuel for aviation or other uses is proven, and pending wider usage.
Editor’s Notes:
- Black & Veatch is involved in building 245 megawatt (MW) of electrolysis capacity, nearly doubling green hydrogen production around the world. The company is building the world’s largest hydrogen hub in the United States. Other than hydrogen, the company carries out projects in multiple decarbonization fields.
- The Green Solutions (TGS) has appointed Black & Veatch to study the production and storage of green hydrogen in Vietnam utilizing solar or wind power supplied through the grid.
About Black & Veatch
Black & Veatch is a 100-percent employee-owned global engineering, procurement, consulting and construction company with a more than 100-year track record of innovation in sustainable infrastructure. Since 1915, we have helped our clients improve the lives of people around the world by addressing the resilience and reliability of our most important infrastructure assets. Our revenues in 2021 exceeded US$3.3 billion. Follow us on www.bv.com and on social media.
View source version on businesswire.com:
https://www.businesswire.com/news/home/20230117006181/en/
Contact
EMILY CHIA | +65 6335 6623 P | +65 9875 8907 M | Chialp@bv.com
24-HOUR MEDIA EMAIL | media@bv.com
Source : Black & Veatch
Black & Veatch is a 100-percent employee-owned global engineering, procurement, consulting and construction company with a more than 100-year track record of innovation in sustainable infrastructure. Since 1915, we have helped our clients improve the lives of people around the world by addressing the resilience and reliability of our most important infrastructure assets. Our revenues in 2021 exceeded US$3.3 billion. Follow us on www.bv.com and on social media.
View source version on businesswire.com:
https://www.businesswire.com/news/home/20230117006181/en/
Contact
EMILY CHIA | +65 6335 6623 P | +65 9875 8907 M | Chialp@bv.com
24-HOUR MEDIA EMAIL | media@bv.com
Source : Black & Veatch
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