Green Hydrogen: The Clean Energy Revolution Powering Net Zero

As the world confronts the escalating climate crisis,green hydrogen is emerging as a transformative force in the global push for sustainability and net-zero emissions. Unlike fossil fuels that pollute our planet, green hydrogen, produced by splitting water using renewable energy,offers a zero-carbon solution that’s revolutionizing industries like steel, ammonia, and heavy transport. This clean energy powerhouse isn’t just a buzzword, it’s a critical driver of the clean energy transition, backed by cutting-edge technology and global investment. With its potential to reshape the energy landscape, green hydrogen is at the heart of a sustainable future.

A Surging Market: Green Hydrogen’s Data-Driven Growth

The green hydrogen market is on a meteoric rise, fueled by compelling data and innovation. Valued at USD 8.78 billion in 2024, the market is projected to soar to over USD 199.22 billion by 2034, with a remarkable CAGR of 41% by 2025. The International Energy Agency (IEA) predicts global electrolyser capacity will skyrocket from 1.4 gigawatts (GW) in 2023 to 100 GW by 2030,driven by:

• Cost reductions: Electrolyser costs have plummeted nearly 80% since 2010, with another 60–70% drop expected by 2030.
• Policy support: Carbon pricing and subsidies are making green hydrogen competitive with fossil-based grey hydrogen.
• Renewable energy advancements: Cheaper solar and wind power are lowering production costs.

This data underscores why green hydrogen is becoming a corner stone of the global energy transition, offering a scalable,sustainable solution for a net-zero world.

Global Hotspots: Where Green Hydrogen Thrives

The race to scale green hydrogen production is gaining momentum worldwide. Europe, led by Germany, France, and the Netherlands, hasbeen a pioneer in building hydrogen infrastructure. Meanwhile, the Asia-Pacific region, particularly India, China, and Japan, is emerging as a key growth hub.India’s National Green Hydrogen Mission targets significant production by 2030,backed by substantial government investment. In the Middle East, Saudi Arabia’s NEOM Green Hydrogen Project, powered by solar energy and wind energy, is set to produce clean hydrogen at scale by 2026. These efforts highlight green hydrogen’s growing role in the clean energy revolution.

Decarbonizing Industries: Green Hydrogen’s Real Impact

Green hydrogen’s true strength lies in its ability to decarbonize hard-to-abate sectors. Here’s how it’s driving change:

• Steel and Cement: Green hydrogen in Direct Reduced Iron (DRI) processes can significantly reduce steelmaking emissions.
• Fertilizers and Chemicals: As a clean feedstock for ammonia, it eliminates methane-based emissions.
• Heavy Transport: Hydrogen fuel cells power long-haul trucks, ships, and aviation, where batteries are less practical.  

This transformative potential is redefining industrial processes for a sustainable future.

Breaking the Cost Barrier

Affordability is critical to green hydrogen’s success,and costs are dropping fast. Current production costs range from USD 3 to USD 6per kilogram, but innovations in electrolyser technology and cheaper renewable energy could bring costs closer to USD 1–2 per kilogram by 2030. In India, are cent project in Panipat achieved a cost of around USD 4.8 per kilogram, a promising step forward. Green hydrogen subsidies and tax incentives are further accelerating this shift, making it both environmentally and economically viable.

India’s Bold Leap into Green Hydrogen

India is positioning itself as a global leader in green hydrogen innovation. The National Green Hydrogen Mission aims for large-scale production by 2030, with states like Gujarat and Odisha developing hydrogen hubs. Corporate giants like Reliance, Adani, and JSW are investing heavily in green hydrogen production, ammonia, and electrolyser manufacturing.The Dhirubhai Ambani Green Energy Giga Complex in Jamnagar integrates solar power, storage, and hydrogen production, setting a new standard. These initiatives position India as a potential green hydrogen exporter and a climate leader.

The Leadership Gap: Who Will Drive the Transition?

The green hydrogen economy faces a key challenge: a shortage of skilled leaders. Many announced projects struggle to move forward due to a lack of professionals who can navigate:

• Techno-economics of hydrogen production
• Policy and regulatory frameworks
• Carbon markets and climate financing
• Supply chain and risk management 

Specialized training is essential to empower leaders to drive the clean energy transition.

Empowering Leaders: IIM Kashipur and evACAD’s Executive Programme

To address this gap, the Indian Institute of Management (IIM) Kashipur has partnered with pManifold EV Academy (evACAD), to offer the Post Graduate Executive Certificate Programme in NetZero Strategy and Sustainability Leadership. This 11-month program is designed for professionals in clean energy, ESG, policy, and corporate sustainability.

Key features include:

• Comprehensive curriculum: Covers green hydrogen systems, decarbonization technologies, carbon markets, green finance, and sustainable business models.
• Practical learning: Includes case studies, team collaboration, and leadership training focused on people, planet, and profit.
• Flexible format: Combines live weekend sessions with a2-day campus immersion at IIM Kashipur.
• Industry relevance: Equips professionals in engineering, energy, consulting, and policy to lead sustainable development.
• Backed by IIM Kashipur’s academic rigor and evACAD’s expertise in clean energy technologies, this program prepares participants to shape the green hydrogen revolution.

The Future Is Now: Lead the Green Hydrogen Revolution

Green hydrogen is a driving force behind national energy strategies and corporate sustainability goals. From powering industries tofueling global trade, it’s reshaping the clean energy landscape. Whether you’re in energy, policy, finance, or sustainability, the question is: Are you ready to lead the green hydrogen economy? With the IIM Kashipur and evACAD programme,you can gain the skills to drive a sustainable, net-zero future.