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.
Hydrogen tax credit rules give startups clarity while boosting nuclear and carbon capture
Hydrogen startups are widely seen as a promising way to eliminate fossil fuels from heavy industry and long-haul transportation. But they have been stuck
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.
Biden administration releases long-awaited hydrogen tax rules
Last year, the administration selected seven hydrogen hubs to receive up to $7 billion from the 2021 bipartisan infrastructure law. In mid-December, the Department of Energy launched environmental reviews for three of the hubs.
Feds: Final US Hydrogen Tax Credit Rules Are More Flexible for Project Developers
Finalized requirements by the Biden administration Treasury Dept. are set to spur construction of more hydrogen production facilities, particularly those that can manufacture 'green' hydrogen sourced by renewable energy.
U.S. Treasury announces clean hydrogen tax rules
The guidance, which notably leans toward a less restrictive temporal matching approach for emissions accounting, faces an uncertain future with a looming Trump presidency.
New hydrogen tax rules face uncertain future
The Biden administration finalized long-awaited tax guidance Friday for the production of “clean” hydrogen, but the lasting impact — and even survival — of the credits may come down to Hill Republicans.
Final Section 45V Clean Hydrogen Production Tax Credit Regulations Issued
On January 3, 2025, the Internal Revenue Service (“IRS”) and the Department of the Treasury (“Treasury”) released long-awaited final
US to issue hydrogen credit rule this week, with path for nuclear, sources say
The U.S. Treasury Department intends to release guidance on how to access tax credits for hydrogen production under the 2022 Inflation Reduction Act later this week, according to two sources familiar with the matter.
US loosens hydrogen tax credit rules: nuclear, methane and delayed deadline
The US’ 45V hydrogen tax credit is among the most – if not the most – generous incentives for hydrogen production in the world, according to industry experts.
C&EN5h
US finalizes 45V clean hydrogen subsidy scheme
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 ...
Treasury unveils eleventh-hour final guidance for hydrogen tax credit
The Treasury Department has released its final, and expanded, guidance on an Inflation Reduction Act tax credit meant to ...
JD Supra1d
How the Congressional Review Act May Shape Environmental Rulemaking and Guidance
Now that the 119th Congress has been sworn in, attention turns to how the Republican-controlled House, Senate, and White House will use ...