Economics - Green Hydrogen Cost Reduction Trends and Future Trajectories

Tuesday, February 20, 2024

Time
01:15 pm - 02:45 pm
Hall
The Leela Hotel
Room
Room: Bandhej

At about US $5-7/kg, the cost of Green Hydrogen is still much higher than the cost of Grey (US $2-3/Kg) and Blue Hydrogen (US $ 3.5 to 4.5/kg). In order to become very cost competitive and to be deployed at scale, the Green Hydrogen costs have to come down significantly. The challenges and opportunities to reducing the cost will be addressed by the speakers in this session.

01:15 pm - 01:20 pmWelcome and Introduction

Anuraag Nallapaneni

Senior Program Associate - Hydrogen

WRI

01:20 pm - 01:40 pmSpeech Title to be Confirmed

Anuraag Nallapaneni

Senior Program Associate - Hydrogen

WRI

01:40 pm - 02:00 pmRole of a Robust Supply Chain in GH2 Cost Reduction

Subramanian Chidambaran

Chief Strategy Officer

Cummins

02:00 pm - 02:20 pmSpeech Title to be Confirmed

Dr. Rakesh Vij

Former Executive Director

ONGC Energy Centre

02:20 pm - 02:45 pmQ&A Round

Speakers
Speaker
Anuraag Nallapaneni, WRI

Senior Program Associate - Hydrogen

India

Anuraag is a Manager - Hydrogen at WRI India in the Sustainable Cities and Transport program. As part of the Hydrogen team his current work involves accelerating adoption of low carbon hydrogen through projects that create a conducive ecosystem for scaling hydrogen applications across various applications. He comes from a diverse experience in the clean energy and energy storage sectors. Prior to joining WRI, he was a consultant at Pricewaterhouse Coopers (PwC), where he was involved in technical and commercial feasibility assessment, business model development, capacity building strategies and policy assessment for public and private sector entities in the renewable energy and energy storage sectors in India and South East Asia region. Anuraag holds a master's in Renewable Energy Engineering from Cranfield University, UK and an Integrated master's in Chemistry from the University of Hyderabad.

Speaker
Dr. Rakesh Vij, ONGC Energy Centre

Former Executive Director

India

M.Sc. (Chemistry, DBS College, Garhwal University), 1977 M.Phil. (Chemistry, Delhi University, Delhi), 1979 Ph.D (Petroleum Engineering, Dibrugarh University), 2016

Speaker
Subramanian Chidambaran, Cummins

Chief Strategy Officer

India

Cummins' 'Destination Zero' strategy for zero carbon emissions. He also spearheads the electrolyzer strategy and supports the new power strategy, including batteries and energy storage solutions. In addition, he is responsible for developing talent for Cummins' global organization. Prior to joining Cummins, Subramanian led strategy and digitalization for the Distribution Business of Siemens Ltd. for nearly five years, and took care of global strategic projects, cost reduction programs, portfolio digitalization, process excellence, and more. Before that, he worked at McKinsey and Siemens Management Consulting for over six years, where he spearheaded transformation programs and developed business and corporate strategies for players across sectors (Logistics, Cement, Oil and Gas Conglomerates, Engineering) and across functions, primarily in Strategy, Operations and Sales & Marketing. He was also part of the team that developed the McKinsey report on 'India: From Poverty to Empowerment'. During an earlier stint at Siemens Ltd., Subramanian was instrumental in implementing the 'Order Tracking System' tool for sales order management for one of their factories in Mumbai. He was also part of 'Lean Manufacturing' transformation project - first-of-its-kind in Siemens factories outside of Germany. Subramanian holds a post graduate diploma in Management from IIM Lucknow (Operations and Strategy specialization) and a bachelor's degree in Electrical Engineering from VJTI, Mumbai. He has several national and international papers to his credit, along with articles on Operations and Strategy. Beyond work, Subramanian is pursuing study of Sanskrit language and Carnatic music. He completed MA in Sanskrit (specialized in Vedanta) in 2017 and is pursuing PhD from Chinmaya Vishwa Vidyapeeth on 'Indic insights for modern leadership'. He is also the visiting faculty of Vedanta and Puranas at the University of Mumbai. He is married to Kripa who has a PhD in Chemistry from ICT, Mumbai, and they have a son named Shankar

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