One of the most significant changes in the final rules is the inclusion of nuclear power as a qualifying energy source for ...
Most projects angling for 45V subsidies make low-carbon hydrogen by using electricity to split water molecules or by using heat to split methane. To qualify, the electrolysis route requires a supply ...
On January 3, 2025, the IRS and Treasury issued long-awaited final regulations (the “45V Final Regulations”) implementing the clean ...
In this week's Current Climate newsletter, the Biden Administration sets clean hydrogen credit rules; creating the "DuPont of ...
The updated 45V guidance relating to the credit for production of clean hydrogen provide further detail and flexibility for qualification using ...
Over a year since Treasury released proposed rules—after thousands of public comments and various hearings, think pieces, ...
With a lucrative tax credit, the Biden administration is hoping to establish a new industry that might help fight climate ...
They are the first of 11 projects awarded contracts under the government’s Hydrogen Business Model ... with the announcement that three major electrolytic production projects boasting a combined ...