Page 22 - Edelweiss India Conference 2022 FLIPBOOK
P. 22
THE NEW EDGE
15GW green H2 electrolyser capacity needs USD15bn funding
According to industry body India Hydrogen Alliance (IH2A), India would require ~USD15bn
funding in order to set up 15GW green hydrogen electrolyser capacity by 2030. This
capacity is anticipated to produce 3MMT of green hydrogen, which would require 30GW of
renewable energy.
Global H2 demand to rise at 3% CAGR by 2030
100
80
60
40
20
0
1980 1990 2000 2010 2018 2021 2030E
Hydrogen demand
Source: Edelweiss Research, FITCH, PWC
Global H2 demand to rise at 3% CAGR by 2030
With improving
technology, capex cost 10 10 10 10
will eventually reduce
to half of current levels 8 8
6 6
4 4
2 2
0.080.08
0 0
20212021 2030E2030E
een H
r
d
y
o
r
G
Green Hydrogen demandgen demand
Source: Edelweiss Research, FITCH, PWC
20 Edelweiss Securities Limited
