The government has introduced the Green Hydrogen Policy. It is also called Green Ammonia Policy. This was announced by Prime Minister Narendra Modi on the occasion of Independence Day last year. The launch of the policy will boost the production of green hydrogen in the country. This will help reduce pollution as well as reduce dependence on traditional sources of energy. Let us know what is Green Hydrogen and what will be the benefits of this policy.
On Thursday, the Power Ministry introduced the Green Hydrogen Policy. It states that manufacturers of green hydrogen can buy renewable power from the power exchange. If they wish, they can set up their own renewable energy facility. The ministry has also said that open access will be issued within 15 days from the date of receipt of the application. Manufacturers of green hydrogen can keep their renewable power with the distribution company for up to 30 days. They can take it back if needed.
The policy also exempts manufacturers of green hydrogen from ‘inter-state transmission charges’. This exemption will be for 25 years. The condition is that their projects should be commissioned before June 30, 2025. They will be given grid connectivity on priority basis. Manufacturers of green hydrogen will be allowed to build bunkers near ports. They will use it to store green ammonia for export purposes.
Prime Minister Narendra Modi had announced the Green Hydrogen Policy on August 15 last year. This will help in reducing the emission of greenhouse gas in the country. The government has set a target to make India a green hydrogen hub. The government wants to produce 5 million tonnes of green hydrogen by 2030.
What is Green Hydrogen?
Green hydrogen is a clean source of energy. Hydrogen and oxygen are separated from water to produce green hydrogen. Electrolyzer is used in this process. The electrolyzer uses renewable energy. This includes both solar and wind energy. Hydrogen is being used in many sectors. These include chemicals, iron, steel, transport, heating and power. The use of hydrogen does not cause pollution. Short supply of electrolyzers is a major obstacle in the production of green hydrogen.
For some time, the interest of the world’s largest oil and gas companies has increased in green hydrogen. Experts say that electricity cannot be used for everything. In such a situation, the gas can be used for some industrial processes and heavy transportation. Renewable hydrogen is the best gas. It is completely clean. With the fall in the cost of renewable energy, the cost of producing green hydrogen is coming down.
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