Govt likely to announce Green Hydrogen enablers tomorrow, Considering uniform RPOs – EQ Mag Pro
The authorities is likely to announce a coverage tomorrow to allow green hydrogen manufacturing companies to arrange renewable crops or supply the power from anyplace within the nation with out transmission expenses, energy and renewable energy minister R K Singh stated on Wednesday.
Singh additionally stated the federal government is contemplating a uniform renewable buy obligation (RPO) mechanism to be adopted by all states. Presently all states have set their very own RPO targets however most haven’t even achieved them. Non-compliance will invite penalties as per the Electricity Act, he stated.
The to-be-unveiled green hydrogen policy types the primary measure of the Union energy ministry’s inexperienced hydrogen mission.
“The green hydrogen manufacture can set up clean energy capacity by themselves anywhere. We will give them open access and banking for 30 days,” Singh stated at an occasion. Open entry is the entry to transmission community to purchase energy from the supply of selection.
Banking provision would allow a generator to financial institution his unconsumed energy with distribution firm and take again when required.
Singh stated the waiver of transmission expenses to inexperienced hydrogen manufacturing corporations might be accessible in the event that they arrange services earlier than 2025.
He stated within the subsequent section of coverage, the federal government is likely to put mandates on business on use of inexperienced hydrogen and ammonia in a graded method. The proposal is with the expenditure finance committee and would require Cabinet nod, he stated.