India’s Ministry of New and Renewable Energy is working on the modalities for promoting the use of green hydrogen in supporting round-the-clock electricity.
The Union Minister for Power and New and Renewable Energy R.K. Singh recently chaired a meeting regarding the use of green hydrogen in conjunction with other modes such as solar energy and wind energy, for round-the-clock renewable energy.
The officials had detailed discussions on the various potential options for using green hydrogen as a storage medium for supporting round-the-clock power and peak power demand. The meeting also discussed various government support mechanisms for such projects. The policy mechanisms being considered include one based on the Contract for Difference (CfD) methodology, which is based on the difference between the market price and an agreed “strike price”.
The Union Minister for Power and New & Renewable Energy gave directions to the officials to draft the scheme guidelines, based on the economics, technologies, and current and future market conditions of the green hydrogen and power sector. The Minister underlined the growing power demand and the importance of round-the-clock renewable energy in reducing the cost of renewable energy and making it affordable.
The Minister stated that learnings from the first such project will be used to undertake bigger projects in the future.
Zaha Hadid Architects has unveiled hydrogen refueling stations for marinas in Italy – the world’s first green hydrogen refueling network for recreational boating. NatPower will invest €100 million ($107 million) in the project, to be launched at 25 marinas and ports. The architecture firm said it will start installing green hydrogen infrastructure this summer, with plans to set up 100 refueling stations across the Mediterranean over the next six years, delivering up to 3,650 tons of hydrogen per year. It saied the stations will be built using low-carbon concrete via a 3D-printing process.
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