clean hydrogen
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Hydrogen
Regulations Impact Developments in Clean Hydrogen Production
The recent release of proposed regulations to the Clean Hydrogen Production Credit by the U.S. Department of the Treasury and Internal Revenue Service (IRS) has stirred significant interest in the energy sector. These changes mark a pivotal moment in advancing toward a cleaner, more sustainable energy economy. Ongoing review and analysis will be crucial as […]
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Hydrogen
California, Pacific Northwest Hydrogen Hubs Secure First Tranche of $7B Federal Awards
The California Hydrogen Hub and the Pacific Northwest Hydrogen Hub have garnered a combined $57.5 million in the first tranche of funding under the Department of Energy’s (DOE’s) $7 billion Regional Clean Hydrogen Hubs (H2Hubs) program. H2Hubs, managed by DOE’s Office of Clean Energy Demonstrations (OCED), is backed by funding from the Infrastructure Investment and […]
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Hydrogen
Hydrogen: ‘The Swiss Army Knife of Decarbonization’
It seems everywhere you go, both inside and outside of the power industry, people are talking about hydrogen. Last October, the U.S. Department of Energy (DOE) announced an investment of $7 billion to launch seven Regional Clean Hydrogen Hubs (H2Hubs) across the nation and accelerate the commercial-scale deployment of “low-cost, clean hydrogen.” Hydrogen is undoubtedly […]
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Hydrogen
DOE Selects Consortium to Bolster Demand for Regional Hydrogen Hubs
The Department of Energy (DOE) has selected a consortium that will work to foster demand for commercial clean hydrogen at seven regional hydrogen hubs (H2Hubs), which the agency in October 2023 selected to receive $7 billion in federal funding. The Hydrogen Demand Initiative (H2DI) consortium will be tasked with designing and implementing demand-side support mechanisms, […]
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Hydrogen
Treasury’s Proposed Clean Hydrogen PTC Rule Disappoints Power Industry
The Department of the Treasury has released proposed regulations and guidance defining a tax credit for the production of “clean hydrogen,” a significant supply-side incentive that is part of the Biden administration’s larger climate-driven policy framework. But though long-awaited, the measure has stirred up strong disappointment from the power industry. If finalized, the Treasury Department’s […]