Existing nuclear resources should be incentivised to support clean hydrogen production, a US Treasury public hearing on the Inflation Reduction Act’s (IRA’s) 45V guidance has been told.
Clare Behar, Chief Commercial Officer (CCO) of Hy Stor Energy, told officials the company believes the guidance should be adapted to support the use of nuclear resources to produce clean hydrogen.
Under rules proposed by the Treasury in December (2023), US green hydrogen producers will have to source renewable electricity from the same regional grid, from assets that are no older than three years old at the time of hydrogen production start-up, to gain access to the 45V’s top tier $3/kg PTC.
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