Loading...
Loading...
analysis-industry-praises-45v-hydrogen-tax-credit-clarity-but-concerns-linger
analysis-industry-praises-45v-hydrogen-tax-credit-clarity-but-concerns-linger

Analysis: Industry praises 45V hydrogen tax credit clarity, but concerns linger

As the US navigates the recently released final guidance for Section 45V of the Inflation Reduction Act (IRA), developers and producers nationwide are voicing diverse perspectives on how the ruling could influence the future of the hydrogen industry.

Friday’s (January 3) announcement by the US Treasury saw significant relaxations to the rules on tax credits for hydrogen producers. Up to $3/kg will be provided for clean hydrogen producers, with the expected hourly renewable energy matching requirement delayed from 2028 to 2030.

Read more:US Treasury relaxes 45V hydrogen tax credit rules and opens nuclear pathway

Some industry experts have seen the new ruling as potentially stifling for early hydrogen projects, whereas others have interpreted it as a positive and flexible step towards building a robust hydrogen economy.

... to continue reading you must be subscribed

Subscribe Today

Paywall Asset Header Graphic

To gain access to this article and all our other content, you will need to subscribe to H2 View.

From the latest print editions, to 24/7 online access to exclusive interviews, authoritative columnists and the H2 View news archive, a subscription is the best way for you to stay up to date with developments in the hydrogen community.

Please wait...