Green hydrogen is revolutionizing industries with net-zero targets through advanced electrolysis, rapid scaling, and diverse applications in sectors like steel manufacturing, ammonia synthesis, power generation, and heavy transport, fueling global clean energy growth.
AI is revolutionizing energy management with innovative sustainability, efficiency, and reliability solutions. At Velox Consultants, we leverage AI to tackle challenges like resource optimization and renewable integration through partnerships, regulatory awareness, skill development, sustainability promotion, market expansion, and impact measurement.
Energy-as-a-Service (EaaS) provides sustainable and cost-effective energy solutions. It offers flexibility, integrates technology, and has regulatory support. By embracing EaaS, we can contribute to mitigating climate change and achieve a sustainable future.
The Indian Green Hydrogen market is in a very nascent stage, with a market size of around $1 billion in 2022. The market is expected to grow at a CAGR of more than 35% by 2030 and reach $12 billion.
It is a fact that infrastructure and activities such as power plants, homes, and transport contribute to roughly 70% of worldwide greenhouse gas emissions.
To reach near-zero carbon emissions by 2030, we need a balanced energy mix with natural gas and renewables, diverse technologies, and trillions of dollars in investments. This will lead to a sustainable future.
Renewable energy will make up 52% of electricity by 2050. India aims for 175 GW of renewable energy by 2022, with hydropower being the largest source. Battery storage will be more affordable, with Li-ion batteries costing 54-61% less by 2030.