34NExemptions for electricity used by green hydrogen producers

34N Exemptions for electricity used by green hydrogen producers

34N Exemptions for electricity used by green hydrogen producers

(1) A licensed distributor to which a contributions order applies must not recover charges from a person who buys electricity exempted under this section for the purpose of paying the annual contributions under a contributions order.

(2) The Minister may, by order published in the Gazette, grant an exemption for electricity—

(a) used by a specified person or class of persons, or

(b) used in connection with a specified activity or class of activities.

(3) The Minister may grant an exemption for electricity only if satisfied that the electricity is used to produce green hydrogen.

(4) An exemption must specify whether it is a full or partial exemption.

(5) If an exemption is a partial exemption, the order granting the exemption must specify, as a percentage or otherwise, the proportion of the electricity used by the person or class of persons, or in connection with the activity or class of activities, that is exempt.

(6) The regulations may provide for—

(a) the making of an application for an exemption, including the matters required to be addressed or included in an application, and

(b) the matters the Minister must consider in determining whether to grant an exemption.

(7) The regulations may make further provision in relation to whether electricity is taken to be used to produce green hydrogen.

(8) Subject to the regulations, the Minister may determine the basis on which electricity is taken to be used to produce green hydrogen for the purposes of this section.

(9) In this section—

green hydrogen means hydrogen produced using renewable energy.

s 34N: Ins 2005 No 18, Sch 1 [7]. Rep 2007 No 35, Sch 1 [3]. Ins 2021 No 34, Sch 2[10].