Why Reliance Industries giga-factory for hydrogen could be a game-changer
Live MintAsia’s richest person, Mukesh Ambani, has a $10 billion plan to scale up zero-carbon hardware in India. Reliance Industries, the oil- and refining-heavy conglomerate that he controls, intends to develop four huge “ giga factories” to manufacture photovoltaic modules, batteries, fuel cells, and—importantly—electrolyzers to produce hydrogen. Greater demand for renewable power will drive that curve down further, which will in turn incentivize its use in any process that can substitute electricity for something that creates greenhouse gas emissions. For cement, that could mean replacing some of the natural gas burned in the production process with green hydrogen. In 2009, an investor-sponsored report with the somewhat cringe-y name Gigaton Throwdown asked “entrepreneurs, business leaders, and policy makers to ‘think big’ and understand what it would take to scale up clean energy massively over the next 10 years.” Hydrogen was barely mentioned, i.e.
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