New Energy Bill Promotes Green Hydrogen, Incentivises Use of Clean Technology - News18
News 18Parliament is the temple of democracy and parliamentary procedures the rites by which the will of the people is translated into practice. The ongoing Monsoon Session of Parliament will see the tabling of 24 bills including the Energy Conservation Bill, 2022, which stresses promoting clean energy and use of clean hydrogen. The ministry of power had last year proposed changes to the energy conservation bill, which included defining how much of renewable energy can an industrial unit or an establishment spend in the overall consumption. With India targeting to reduce about 550 MT Carbon Dioxide by 2030 and achieve more than 40% cumulative electric power installed capacity from non-fossil energy resources, it is imperative that green hydrogen be used as an alternate fuel. “Amidst the growing energy needs and changing global climate landscape, the Government of India has identified new areas to achieve higher levels of penetration of renewable energy by proposing certain amendments to Energy Conservation Act, 2001,” read the power ministry’s statement last year.