FTI Consulting, Inc. and The Energy and Resources Institute announced a policy and economic research partnership focussing on the hydrogen economy, carbon capture and renewable energy in India.
The joint partnership agreement covers policy and research initiatives for the development of a hydrogen-based economy in India, development of fuel-cell manufacturing and policy ecosystem, development of carbon capture systems and new and emerging areas in renewable energy. FTI Consulting and TERI will undertake policy and economic research, leveraging TERI’s team of energy experts and FTI Consulting’s Global Clean Energy team, to create a hydrogen economy policy roadmap in India.
Amrit Singh Deo, a Senior Managing Director in the Strategic Communications segment at FTI Consulting, said, “We look forward to working with TERI, one of India’s leading energy think tanks, to develop an India Hydrogen Economy Roadmap, leveraging our global clean energy expertise. We are committed to bringing global policy and research best practices to India and work in close partnership with sector experts to solve complex problems.”
Girish Sethi, Senior Director, Energy Programme, TERI said, “TERI looks forward to this partnership with FTI Consulting for research, development and deployment of low carbon technologies along with hydrogen technologies. We are delighted to be partnering with a global consulting player to build expertise in these specialist areas of new energy.”
The partnership will be led by Akshay Bhardwaj from FTI Consulting and William Hall from TERI.
Akshay Bhardwaj, a Director in the Strategic Communications at FTI Consulting, said, “India’s Hydrogen Roadmap could provide the critical link between conventional energy sources, the gas economy and renewable energy through the deployment of grey, blue and green hydrogen plays. It is critical for India to build a green industrial policy and a sustainable energy roadmap.”
Will Hall, Associate Fellow, TERI said, “Given its advantages as a clean fuel, India should work towards making hydrogen economically viable in order to compete with other conventional fuels. Through this partnership, FTI Consulting & TERI will be undertaking research to demonstrate the viability of hydrogen as a sustainable solution for India’s energy.”
About FTI Consulting
FTI Consulting, Inc. is a global business advisory firm dedicated to helping organisations manage change, mitigate risk and resolve disputes: financial, legal, operational, political & regulatory, reputational and transactional. With more than 5,800 employees located in 27 countries, FTI Consulting professionals work closely with clients to anticipate, illuminate and overcome complex business challenges and make the most of opportunities. The Company generated $2.35 billion in revenues during fiscal year 2019.
The Energy and Resources Institute (TERI) is an independent, multi-dimensional organisation, with capabilities in research, policy, consultancy and implementation. It has pioneered conversations and action in the energy, environment, climate change, and sustainability space for over four decades. The institute’s research and research-based solutions have had a transformative impact on industry and communities. Headquartered in New Delhi, it has regional centres and campuses in Gurugram, Bengaluru, Guwahati, Mumbai, Panaji, and Nainital, supported by a multi-disciplinary team of scientists, sociologists, economists and engineers, and state-of-the-art infrastructure.