Government is developing plans to increase green hydrogen for 24-hour use. Regards

The Ministry of New and Renewable Energy (MNRE) is creating plans to incorporate green hydrogen into the energy mix in order to support a continuous supply of electricity, with the goal of encouraging the use of renewable energy sources, in particular green hydrogen.
A discussion on the use of green hydrogen in conjunction with other renewable energy sources, like solar and wind power, was presided over by Union Minister for Power and New and Renewable Energy, R K Singh, on Tuesday in New Delhi. Participants in the event included representatives from important departments, such as the Ministry of Power, NTPC, Central Electricity Commission, and Solar Energy Corporation of India.

The main topic of discussion was looking into different ways to use green hydrogen as a storage medium to meet peak demand times and continuous power needs. Furthermore, policy measures that intend to furnish governmental backing for those projects were deliberated. One of the regulatory methods that has been suggested is the Contract for Difference (CfD) approach, which aims to close the difference between market prices and a predetermined "strike price."

The draft scheme guidelines were instructed by Minister R K Singh to take into account the green hydrogen and electricity sectors' present and future market dynamics, technological breakthroughs, and economic feasibility.

In addition to leading a roundtable discussion with CEOs and experts from the global oil and gas industry, Prime Minister Narendra Modi officially opened India Energy Week 2024 in Goa. The prime minister discussed in his speech the growing contribution of the energy sector to India's economic expansion as well as the importance of the National Green Hydrogen Mission, which envisions India as a center for the production and export of hydrogen. According to him, the green energy sector in India has the ability to draw in investors and spur industrial development.
The prime minister also noted that Rs 11 trillion had been set aside in the most recent Budget 2024 session for infrastructure improvements, with the majority of that amount going toward the energy sector. According to reports, India is the third-biggest user of LPG, oil, and energy. The demand in India.