Q. Consider the following statements:
1. The widespread adoption of Green Hydrogen across the world will lead to a decrease in global energy prices due to its lower production costs compared to fossil fuels.
2. The primary objective of the National Green Hydrogen Mission is to establish India as a global hub for the production, usage, and export of green hydrogen and its derivatives.
Which of the statement(s) given above is/are correct?
Answer: B
Notes:
Explanation –
Statement 1 is incorrect. While green hydrogen is a promising clean energy source, its production costs are currently higher compared to fossil fuels. The production cost of green hydrogen is expected to decrease over time due to technological advancements and increased scale, but it is not yet lower than fossil fuel costs.
Statement 2 is correct. The National Green Hydrogen Mission aims to establish India as a global leader in the production, utilization, and export of green hydrogen and its derivatives, contributing to India’s self-reliance in clean energy and supporting the global clean energy transition.
Source: AIR
