Green Hydrogen definition
Examples of Green Hydrogen in a sentence
Where the Concessionaire carries out Renewable Energy Operations or Green Hydrogen Operations, or both, the relevant permits shall be granted under terms and conditions that are not be more onerous than those imposed on other Renewable Energy and Green Hydrogen producers.
Subject, to the provisions of Article 10, upon cessation of the Production Operations, the Concessionaire shall Decommission all ▇▇▇▇▇, facilities, Pipelines that are not used for the continuing Renewable Energy Operations, CCS, Green Hydrogen Operations or Lithium Extraction.
Sales of electricity, heat and Green Hydrogen produced by Renewable Energy Operations, Green Hydrogen Operations, CCS Services and sales of Lithium shall not be subject to Hydrocarbon Tax, provided, however, that the costs associated with Renewable Energy Operations and Green Hydrogen Operations to prevent Scope 1 Emissions shall be deductible in calculating Hydrocarbon Tax.
Where the Concessionaire produces Renewable Energy or Green Hydrogen, or both, in excess of the requirements under the Scope 1 Emission Plan, the Concessionaire shall be entitled to sell such excess electricity, heat and Green Hydrogen to third parties or to the national or regional electricity company under terms and conditions that are identical to similar sales of Renewable Energy and Green Hydrogen, provided that the price may be different depending on the logistics, costs and market conditions.
Sales of electricity, heat and Green Hydrogen produced by Renewable Energy Operations, Green Hydrogen Operations, CCS services and sales of Lithium products shall not be subject to Royalties.