Pressure for the US Treasury Department for the Hydrogen Production Tax Credit (45V) to deliver guidance with no overly stringent requirements, including additionality, is rising.
Players across the nation have been calling for the hydrogen guidance on the infamous Inflation Reduction Act (IRA) to be practical and workable, with many suggesting additionality requirements could stifle clean hydrogen production.
The IRA under its 45V offers a clean hydrogen production tax credit (PTC) of up to $3/kg of hydrogen, based on its lifecycle emissions, but the guidance on how the PTC will be implemented is still being awaited.
… to continue reading this article and more, please login, register for free, or consider subscribing to H2 View
