Tag: Green Hydrogen Facilities

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Battery Swapping Policy Draft Released By Niti Aayog

Niti Aayog, a government think tank, unveiled a draught battery swapping policy on 20 April 2022. The draught document is now out for public review, and Niti Aayog is accepting feedback on it until June 5th.

In this respect, Niti Aayog reportedly had an inter-ministerial conference in the month of February 2022 in order to establish a strong and all-encompassing battery-swapping policy framework. This information comes from an official announcement.

According to the policy, all metropolitan cities with a population of more than 40 lakh would be given priority for the creation of a battery swapping network during the first phase. The proposed legislation states that cars with swappable batteries would be allowed to be sold without the battery initially installed, which will result in cheaper purchase prices for prospective owners of electric vehicles.

Given the significance of the two-wheeler and three-wheeler vehicle markets in developing cities, the Aayog said in the draught policy that the second phase would include coverage of all important cities, including state capitals, UT headquarters, and cities with populations more than 5 lakh.

In her Budget speech for 2022-23, the Finance Minister announced that the Central Government would be introducing a battery swapping policy and interoperability standards in order to improve the efficacy of the electric vehicle (EV) ecosystem. This was done in consideration of the limited space available in urban areas for the installation of charging stations on a large scale.

According to what was said, any person or organization is allowed to establish a battery switching station at any place, provided that the technical, safety, and performance criteria that were mentioned are adhered to.

In addition to this, a comprehensive pre-draft stakeholder discussion was undertaken with a broad variety of stakeholders including battery swapping operators, battery manufacturers, vehicle original equipment manufacturers (OEMs), financial institutions, think tanks, and other specialists.

What is Battery Swapping System?

Smaller cars, such as two-wheelers and three-wheelers, are common candidates for battery switching since their batteries are more manageable and less cumbersome to replace than those found in larger automotive sectors, which may have the same functionality physically applied.

Battery switching creates a level playing field for the implementation of forward-thinking and environmentally conscious business models, such as “Battery as a Service.”

A different option is to switch out depleted batteries with fully charged replacements, which is referred to as “battery swapping.” By decoupling the cost of the vehicle from the cost of the fuel (in this example, the battery), battery switching may result in a decrease in the initial cost of automobiles.

As long as each interchangeable battery is put to good use, battery switching provides a number of significant benefits in comparison to charging, including a reduction in the amount of time needed, a reduction in the amount of space required, and a reduction in the amount of money spent.

Reference:-

https://www.niti.gov.in/draft-battery-swapping-policy

https://www.business-standard.com/article/economy-policy/niti-aayog-releases-draft-battery-swapping-policy-prioritizes-major-cities-122042100584_1.html

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TEDA to Install Solar System to Generate 10 MW Power on Government Office Rooftops

Green Energy

The Tamil Nadu Energy Development Authority (TEDA) plans to put solar panels on the rooftops of government buildings in order to generate 10 MW of power. Solar panels at TEDA cost Rs 45,000 per kilowatt and generate 5 units of power, according to the organization’s officials.

More than 330 institutions in the state have solar panels thanks to the TEDA’s work. 1.5 MW is its total installed capacity. The project is expected to cost Rs. 50 crore when completed. The tendering procedure will be completed by May.

Some government departments are reluctant to put solar panels on roofs because of a shortage of funding, according to the authority’s request to the government. These divisions should be supported by the federal government. Proposals to put solar panels on the rooftops of government buildings have already been filed to the administration.

Senior TEDA official told us that surplus electricity can be connected to the common power system and subsidies for solar power can be employed. Taking a political choice and coordinating with other agencies and authorities is essential.

Solar energy and other renewable sources are supported by the government, according to Tamil Nadu’s electricity minister Senthil Balaji, who spoke to media. The power department is now undertaking a thorough investigation and due diligence on the production of electricity and the connection of surplus electricity to the common grid. In the next days, we will review all of the information and make a policy decision.

 

Reference link:- https://solarquarter.com/2022/04/22/teda-to-install-solar-system-on-govt-office-rooftops-to-generate-10-mw-of-power/

 

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To Promote Green Hydrogen John Cockerill Will Set Up 2 Electrolyser Giga Factories

Green Globe Awards

After three months of tie-up between Belgium’s John Cockerill and Greenco, the company has now finalized for 50:50 joint venture for setting up two alkaline electrolyzer factories of a high volume of a gigawatt each in India in the coming 12 to 18 months. This deal is strategically driven to make the availability of hydrogen at a lower cost to industries. With an estimation of $500 million investment, this facility is expected to come out on the east coast and as per people associated and known in this deal, it will be one of the world’s largest after China till date.

GreenKo ZeroC (GKC) is a well-known subsidiary of the Greenko Group and Jon Cockerill is an established and leading manufacturer & designer of high volume capacity alkaline electrolysers and both the companies have said to have signed the deal on Monday as said in the joint statement. This great deal of placing 2GW electrolyser factories is expected to potentially help India’s Liquefied Natural Gas overall imports by an approx of 8%.

As per the official data & analytics, India is currently 55% of LNG requirements from countries like Australia and Qatar and 85% of its natural gas requirements are met. With the recent price hike in natural gas prices relating to the Russia and Ukraine War, it is all known that the Brent crude prices has skyrocketed the market and jumped to an above of  $130 barrel. Additionally, the price of LNG in the spot market has also hiked from $6 per million metrics.

India is a major and big fuel importer and these new initiatives in energy consumption and the transition has surely got bigger energy security threat, implications and issues like long-term price stability in the country.

Therefore to directly address this issue, Anil Chalamalasetty, Greenko’s CEO  & MD has said that “Greenko is working towards re-industrialization solutions for a low-carbon economy. We are partnering with a world-class technology partner in John Cockerill and will jointly develop large-scale green molecule projects in India, which will accelerate the creation of a hydrogen economy.”

This great business partnership with Greenko will help us to contribute and promote to India’s sub-continent emergence as a new green energy hub,” said Raphael Tilot, CEO of Renewables, John Cockerill. He further added that “The fight against climate change is part of our mission and as India and neighboring countries have big abundant natural resources, a large domestic market and the potential to cater to the growth of this market regionally and globally.”

Furthermore, Greenko is also planning to effectively use its 50GW/hr pumped mega hydroelectric energy storage capacity that will come up in Andhra Pradesh to provide the firm a reliable and most needed  24×7 green power supply to overcome and challenge the intermittent nature of wind and solar power generation.

Also, the setting up of giga factories will help in supplying electrolysers to Greenko’s 4 million tonnes of green ammonia plant that is strictly aimed to cater and abide to the fertilizer sector, and to provide help to other green hydrogen facilities as well such as industrial users like chemical complexes or refineries.

As per a report by TERI, in the year 2020, India’s over all hydrogen demand stood at 6 million tones for the year but a 5 fold jump to 28 MT by 2050 is expected to be seen, and it can go almost double of the current levels by the year 2030. 80 per cent of the overall hydrogen demand is also expected to be going green in nature with mega users like refining and chemical and fertilizing sectors being the two largest user groups which are currently dependent on the grey hydrogen produced from using the fossil fuels such as naptha and natural gas. Prices too are expected to get halve in the next coming decades. And sensing this big business opportunity and investment, big industry giants such as Adani Group and reliance industries are thinking of coming up with a firm and solid hydrogen strategy.

 

Credit Source: https://economictimes.indiatimes.com/industry/renewables/greenko-john-cockerill-to-set-up-2-electrolyser-giga-factories-for-green-hydrogen/articleshow/90784080.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst