19 November 2024 | Brussels, Belgium
Brussels, Belgium – The EU-India High-Level Roundtable on Green Hydrogen Synergies, held on 19th November 2024, during the European Hydrogen Week, marked a significant milestone in advancing global collaboration on green hydrogen. The event brought together senior government officials, industry leaders, and policy experts from India and the European Union to discuss strategies for enhancing cooperation across the hydrogen value chain.
Key Highlights
1. Bilateral Strengths and Opportunities
The discussions underscored the complementary strengths of the two regions. India’s abundant renewable energy resources and cost-effective production capabilities align seamlessly with Europe’s cutting-edge hydrogen technologies and infrastructure expertise. This synergy offers a pathway to addressing the growing global demand for green hydrogen and derivatives.
2. Focus on Market Creation and Trade
With the EU’s ambitious goals for green hydrogen adoption, Indian stakeholders presented compelling opportunities for long-term offtake agreements. Participants explored strategies to establish robust supply chains, highlighting ports as critical hubs for hydrogen trade.
3. Harmonising Certification Standards
The dialogue emphasised the need for unified certification frameworks to facilitate seamless trade. Overcoming challenges like additionality, temporal correlation, and geographical correlation was identified as pivotal for aligning regulatory landscapes.
4. Innovation and Technology Development
The roundtable highlighted opportunities for joint investment in hydrogen technology, including electrolyser development and advanced storage solutions. Both regions agreed on the importance of co-funded R&D projects to accelerate the global hydrogen transition.
5. Financial Mechanisms and Carbon Pricing
Discussions on mechanisms such as carbon pricing and subsidies focused on improving project viability while leveraging India’s competitive cost structure to create a global hydrogen market.
Key recommendations from the roundtable included:
- Developing joint investment models to support hydrogen infrastructure and technology.
- Advocating for a unified certification framework to harmonise trade practices.
- Encouraging public-private partnerships to scale up deployment and reduce costs.
- Strengthening policy signals to attract investment and mitigate risks.
Notable Participants
The event featured prominent leaders from both regions, including representatives from India’s Ministry of New and Renewable Energy (MNRE), the European Commission, Solar Energy Corporation of India (SECI), and top industry stakeholders and associations such as ACME, Adani, Accelera, Amgreen, Avaada, Bosch, Gasunie, Gentari, GH2 India, Hydrogen Europe, Hygenco, Linde, RWE, Rely Solutions, ReNew, Smart Energy, Sunfire and Snam.
The roundtable reinforced the mutual commitment of India and the EU to fostering a sustainable hydrogen economy. By leveraging their respective strengths, the partnership is poised to play a transformative role in accelerating the global energy transition.
For further updates on GH2 India’s initiatives and international engagements, visit gh2.org.in.
