The Ministry of New and Renewable Energy is working on the modalities of a new policy to promote the use of green hydrogen to support round-the-clock electricity.
The new policy is a part of the government’s thrust towards promoting increased adoption of renewable energy and use of green hydrogen as envisaged in the National Green Hydrogen Mission.
The Union Minister for Power and New and Renewable Energy R. K. Singh chaired the meeting regarding using green hydrogen with solar and wind energy.
Mr Singh has asked the officials to draft scheme guidelines for the green hydrogen and power sector, emphasizing the need for round-the-clock renewable energy to reduce costs and make it affordable.
Officials discussed green hydrogen storage options for round-the-clock and peak power demand. Another area of focus was government support mechanisms like a contract for difference methodology (CDM), based on market price differences and agreed strike prices.