Global Hydrogen Price Index: A Plan to Boost Transparency and Confidence in Green Hydrogen Industry
Currently, the world is progressing towards clean and green energy sources to strongly uphold the unfailing commitment to limit greenhouse gas emissions. India’s commitment to delivering climate change efforts is an inspiration for countries worldwide. In such a scenario the initiative to establish the Global HydrogenPrice Index (GHPI) must prove to be a boon in the country’s effort to transition to green hydrogen. It will also help in establishing India as the global hub of production, usage, and trade of green hydrogen. Source: https://egov.eletsonline.com/2024/01/gift-city-takes-the-lead-in-crafting-mechanism-for-global-hydrogen-trading It will boost the growth of the hydrogen economy in India and help to extend its presence globally by boosting investor’s confidence through a fair price discovery mechanism. For the same , an MoU by the International Financial Services Centre (IFSC) has been announced between Gujarat State Petroleum Corporation (GSPC) and Indian Gas Exchange (IGX)...