The Biden administration finalized rules meant to boost domestic production of hydrogen fuel through a new tax credit, a move ...
The US’ 45V hydrogen tax credit is among the most – if not the most – generous incentives for hydrogen production in the ...
The new regulations allow nuclear power and natural gas producers to qualify for significant credits aimed at hydrogen ...
Hydrogen startups are widely seen as a promising way to eliminate fossil fuels from heavy industry and long-haul ...
The Biden administration said on Friday portions of nuclear power plants will be able to secure tax credits to produce clean ...
The final rule for clean-hydrogen production would allow some nuclear power plants that are at risk of retirement to produce ...
Various stakeholders within the nuclear industry say the clarity provided by the Treasury Department’s hydrogen tax credit ...
The Biden administration said on Friday nuclear power plants will be able to secure lucrative tax credits for production of ...
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 ...
The rules, which have been over two years in the making, relax some parts of the draft proposal, giving existing nuclear and fossil fuel power plants a bit of a reprieve. Because hydrogen can be ...
The Biden administration released long-awaited final rules Friday for a tax credit that will send billions of dollars to ...