The cost of the production of green hydrogen for the manufacture of steel in India is currently almost double the cost of traditional methods, but, according to the new report, Ernst & Young (EY) of India, it is predicted that prices will fall half by 2030. The decrease will be due to the economy of large -scale, technological achievements and government manuals
. This, although India is committed to the transition of green steel, the country is faced with several problems compared to global peers. High costs - with green hydrogen currently worth $ 4–5 per kilogram - make low -carbon steel economically non -viable without subsidies or carbon prices.Another barrier is a limited infrastructure. India Lacks Sufficient Hydrogen Storage and Distribution Networks, Efficient Scrap Collection Systems and Extensive Natural Gas Pipelines, ALL of WHICH ARE CRITICE CRITICAL TO Scaling Up Alternate Steelmaking Technologies.
Policy Support and DecarbonISATION ROADMAP Despite Thus Hurdles, India’s National Green Hydrogen Mission and Relatives are Pushing Adoption of Hydrogen-Based Direct Reduced Iron (Dri), Electric Arc Technology, using and storage, using and storage (CCU), stoves (EAFS), the use of bio -chase and carbon capture (CCUS). These initiatives are part of a wider roadmap in India aimed at reducing emissions while maintaining energy safety and industrial competitiveness, agreed with the national goal of achieving pure steel by 2070. . The report also emphasized market problems and inertia of thinking. Indian steelists often do not dare to accept expensive, unfamiliar technologies, instead relying on external drivers, such as the EU carbon adjustment mechanism and domestic policy support, such as the national hydrogen mission to accelerate the shift.
