The Biden administration released long-awaited final rules Friday for a tax credit that will send billions of dollars to producers of cleaner hydrogen ...
The time of waiting and hoping is over for taxpayers looking to finance and develop hydrogen projects. Treasury and the IRS ...
The Biden administration finalized rules meant to boost domestic production of hydrogen fuel through a new tax credit, a move that might also keep struggling nuclear power plants on line for longer.
One of the projects awaiting the 45V final rules was a potential $1.5 billion sustainable aviation fuel hub at Pittsburgh ...
The final rule for clean-hydrogen production would allow some nuclear power plants that are at risk of retirement to produce the gas.
Final 45V rules provide important clarifications and additional flexibility which will allow many hydrogen producers to claim 45V credits, both ...
Automakers and even some Republicans may fight to preserve funds, and environmental activists will likely sue, but some ...
Industry thought leaders indicate that the changes in the final rules for the 45V tax credits are positive, but they will not ...
On January 10, 2024, the Department of the Treasury (“Treasury”) published the final regulations governing the section 45V Clean Hydrogen ...
Generally, hydrogen production that generates fewer greenhouse gases throughout its lifecycle gets bigger tax credits ... so the maximum credit could make the process competitive with fossil ...
Plug Power shares surged for a second straight session on new tax credit rules for clean hydrogen production. Last week, the ...