Stringent 45V requirements would see dollars intended for green hydrogen production flow to blue hydrogen projects, Traci Kraus, Executive Director of Government Relations at Cummins, told H2 View.
Kraus’ comments follow reported US Treasury leaks that suggest it looks set to impose additionality, geographical and hourly correlation requirements (the three pillars) on electrolytic hydrogen producers, looking to access the Inflation Reduction Act’s (IRA’s) $3/kg clean hydrogen production tax credit (PTC).
However, the reported Treasury guideline looks to put the hourly correlation rules in place ahead of the EU’s delegated acts on renewable hydrogen.
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