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Indian Oil Company (IOC) is focusing on to switch a minimum of a tenth of its present fossil-fuel-based hydrogen at its refineries with carbon-free inexperienced hydrogen as a part of a decarbonization drive.
To begin with, the nation’s largest oil agency is establishing inexperienced hydrogen vegetation at its Panipat and Mathura refineries, IOC stated in its newest annual report.
“The corporate is venturing into inexperienced hydrogen manufacturing and is focusing on 5 per cent of hydrogen produced by it as inexperienced hydrogen by 2027-28 and 10 per cent by 2029-30,” it stated.
Within the annual report, IOC Chairman Shrikant Madhav Vaidya stated to fulfill the net-zero dedication, the Indian authorities has introduced the Inexperienced Hydrogen and Ammonia Coverage to spice up inexperienced hydrogen manufacturing to five million tonne by 2030 and make India an export hub for this clear gasoline.
“Aligning with the nationwide precedence, Indian Oil might be producing inexperienced hydrogen in phases on the Mathura and Panipat refineries. As a primary step, we might be implementing a 5 KTA (40 MW) inexperienced hydrogen plant at Mathura Refinery and a 2 KTA (16 MW) plant at Panipat Refinery,” he stated.
To sync with the whole hydrogen worth chain, the agency has solid essential collaborations to develop inexperienced hydrogen manufacturing property, related renewable property and manufacture electrolysers.
“This might be a gamechanger as electrolysers contribute to roughly 30 per cent of the general price of inexperienced hydrogen,” he stated.
IOC, he stated, can also be exploring a number of hydrogen manufacturing pathways, together with photo voltaic electrolysis, biomass gasification and bio-methanation.
“The hydrogen produced might be used for fuelling 15 gasoline cell buses to ascertain the efficacy, effectivity and sustainability of the gasoline cell know-how and hydrogen manufacturing processes. As well as, we’ll fee a hydrogen shelling out station on the Gujarat Refinery to enlarge hydrogen-based mobility protection,” he stated.
IOC stated it’s seeking to increase its footprint within the renewable energy house from the current stage of about 240 MW capability.
Whereas renewable vitality vegetation presently produce electrical energy equal to five per cent of its electrical energy consumption, IOC is focusing on almost 5 GW of renewable electrical energy technology capacities by 2025 to be used at its oil refineries.