With the goal of producing 5 million tonnes of green hydrogen by 2030, the government is walking through the plan of increasing the bar of purchase agreements for the former and green ammonia to at least 15 years. the government reasons that renewable energy capital-hefty business is only pliable if there are long term investments involved. Intermediaries will also be provided with a pool tariff for green hydrogen and green ammonia, which will lower the risks for both, procurers and the producers. For open mined procurers, options such as e-reverse bidding will also be enabled.
A probable 15 year increase in green hydrogen and ammonia purchase agreements
