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20.500.12592/zq7j8q

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13 Jun 2022

The OCC is encouraged to see your ministry consult on options to reduce electricity rate for hydrogen producers to help promote sustained growth in our hydrogen economy as part of Ontario’s Low-Carbon Hydrogen Strategy. [...] The proposal sends a strong signal to prospective producers and consumers of hydrogen that will encourage investments in the province. [...] Enacted in tandem, these options will serve to improve the commercial viability of hydrogen energy in Ontario, sending a clear market signal of this government’s commitment to see the hydrogen sector thrive and establish a strong foundation for wide-scale adoption in the near future. [...] We similarly support allowing enrollment into the ICI in the first year of operations and encourage the Ministry of Energy and the Independent Electricity System Operator (IESO) to proactively support prospective consumers in understanding their peak demand factors. [...] For the hydrogen economy to realize the full potential of this policy mechanism, the OCC would strongly encourage two conditions.

Authors

Claudia Dessanti

Pages
2
Published in
Canada