30 AUG,2022 | MEDC
Germany has recently launched what is claimed to be the world's first fleet of hydrogen powered passenger trains, replacing 15 diesel trains that previously operated on non-electrified tracks in the country. The German government has supported expanding the use of hydrogen as a clean alternative to fossil fuels. By using hydrogen produced with renewable energy the trains will save 1.6 million litres of diesel fuel a year. In India also, as policy and supply chain reconfigurations occur, conglomerates and renewable-energy companies are investing heavily in this new fuel. Most major industrial houses are doing so as part of their decarbonisation initiatives. But despite all the bullishness, prices of this new fuel would remain competitive only with an assured market. Government support will remain vital for that. Indian companies have begun to prepare themselves in anticipation of a well-defined energy policy.