has ready a roadmap to attain web zero Scope 1 and a pair of emissions by 2046. Scope 1 and a pair of emissions relate to emissions from crude refining and power consumption.
IOC can be focusing on to interchange a minimum of a tenth of its present fossil-fuel-based hydrogen at its refineries with carbon-free inexperienced hydrogen as a part of a decarbonization drive.
To start out with, the nation’s largest oil agency is establishing inexperienced hydrogen crops at its Panipat and Mathura refineries, IOC mentioned in its newest annual report.
“The corporate is venturing into inexperienced hydrogen manufacturing and is focusing on 5 per cent of hydrogen produced by it as inexperienced hydrogen by 2027-28 and 10 per cent by 2029-30,” it mentioned.
Hydrogen is the cleanest recognized power supply nevertheless it barely exists in a pure kind on Earth. It both is bounded with oxygen in water or with carbon to kind hydrocarbons like fossil fuels.
As a part of its decarbonisation drive, IOC is trying to change hydrogen made by unabated fossil fuels with inexperienced hydrogen.
Petroleum refining accounts for nearly 42 per cent of whole world hydrogen demand.
(With company inputs)