These include Gopalpur Industrial Park, Kakinada Cluster, Kerala Green Hydrogen Valley, Mundra Cluster & Mumbai Green Hydrogen Cluster.
- Industrial clusters are geographically concentrated areas or hubs where interconnected industries, companies and institutions collaborate to drive economic growth.
- A report released by WEF showcases the role of industrial clusters in providing economies of scale, shared risk & demand optimisation. Moreover, they offer unique benefits driven by local context, location and makeup of its members.
Challenges inhibiting Clean Energy Infrastructure Development
- Green premium issue: E.g: Green ammonia production costs are nearly three times the average cost of production via fossil fuels in 2023.
- Fragmentation of standards, certifications and policies for clean fuels: E.g: There are 34 certification schemes for hydrogen and its derivatives (e.g. ammonia) globally.
- Others: Lack of strong demand, Gaps in governance, data protocols and controls
Recommendations to Scale up Clean Energy Infrastructure
What is the Transitioning Industrial Clusters Initiative?
|
