US loosens hydrogen tax credit rules

A new tax credit for hydrogen helps out nuclear energy
The Biden administration finalized rules meant to boost domestic production of hydrogen fuel through a new tax credit, a move that might also keep struggling nuclear power plants on line for longer.
US loosens hydrogen tax credit rules: nuclear, methane and delayed deadline
The US Treasury department announced the final rules for the section 45V Clean Hydrogen Production Tax Credit.
Biden team offers nuclear path to hydrogen tax credit
The Biden administration said on Friday portions of nuclear power plants will be able to secure tax credits to produce clean hydrogen if the credits help to prevent reactors from retiring.
New Treasury Rule Expands Clean Hydrogen Tax Credit Opportunities for Biogas Producers
The U.S. Treasury Department’s new regulations for the Clean Hydrogen Production Tax Credit (45V) broaden eligibility for hydrogen producers utilizing biomethane or renewable natural gas (RNG).
Nuclear energy stocks rise after final US rules on hydrogen tax credits
The US Treasury published its final rules on clean hydrogen production, providing clarity for producers seeking to qualify for the clean hydrogen production tax credit of up to $3 per kilogram.
Plug Power Stock Jumps Further on New Rules for Clean Hydrogen Tax Credits
Key Takeaways Plug Power shares surged for a second straight session on new tax credit rules for clean hydrogen production.Last week, the Treasury Department issued the final rules for the tax credits spelled out in the Inflation Reduction Act of 2022.
New hydrogen tax rules face uncertain future
Incoming Senate Environment and Public Works Chair Shelley Moore Capito (R-W.Va.) says her party may not spare hydrogen tax credits crafted by Democrats. Francis Chung/POLITICO Democrats and their allies welcomed the Treasury Department’s final guidance,
Drilling for Gold: The Hydrogen Beneath Our Feet
At first glance, gold hydrogen could be a game changer. This naturally occurring molecule, which is found in reservoirs below ...
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What a $10M Department of Energy award means for Baltimore’s hydrogen future
Of the $9.5 billion the bipartisan infrastructure law invested into the clean hydrogen initiative, the DOE allocated $750 ...
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Hydrogen Finally Gets A Price Tag: S&P 500 New Energy Plays Soar Along With This Amazon Vendor
A number of new energy stocks, including S&P 500 nuclear stocks Constellation Energy and Vistra, along with Amazon.com ...
Finally A Framework For Clean Hydrogen Subsidies
In this week's Current Climate newsletter, the Biden Administration sets clean hydrogen credit rules; creating the "DuPont of ...
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Bosch: ‘We’re still heavily involved in hydrogen’ as trucking’s future fuel
Despite its regulatory future in limbo as the clean energy industry awaits potential shakeups when Trump returns to the White ...
After Fierce Lobbying, Treasury Sets Rules for Billions in Hydrogen Subsidies
With a lucrative tax credit, the Biden administration is hoping to establish a new industry that might help fight climate ...
Greenstat Hydrogen India and H2Carrier sign MoU to advance Green Hydrogen and Ammonia Solutions
Greenstat Hydrogen India and H2Carrier partner to develop green hydrogen and ammonia projects in India and Sri Lanka.
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Singapore’s PacificLight Power embarks on $735mn hydrogen power plant project
By bno - Surabaya bureau Singapore’s energy leader, PacificLight Power, is advancing clean energy initiatives with a $735mn ...