Plug Power CEO ‘certain’ 45V hydrogen tax credit rules will be relaxed
“The regulations are going to change,” Marsh told H2 View. “There is no doubt.”
“The regulations are going to change,” Marsh told H2 View. “There is no doubt.”
South Korea is launching a bidding market for up to 6,500GWh of electricity to be produced from clean-hydrogen-fired power generation over 15 years.
The Hydrogen Council has today (May 22) named Ivana Jemelkova, former senior managing director of FTI Consulting, as its CEO.
The European Council has signed off on the gas and hydrogen market package, setting rules to see fossil gases phased out and low-carbon gases phased in.
Chile plans to support hydrogen electrolyser and component manufacturers with up to $10m to build factories in the nation.
Japan has today (May 17) passed the Hydrogen Society Promotion Act that will provide a 15-year subsidy for Japanese-produced and imported low-carbon hydrogen.
Hutchinson told H2 View, “Grant a period of grandfathering to get where you want to get: that’s the biggest message to the Australian Government.”
The European Hydrogen Association Assembly was held in Rotterdam on May 14, which ended in the signature of a Cooperation Charter for European Associations Advancing Clean Hydrogen.
The Australian Federal Budget has earmarked AUD $22.7bn ($15bn) over the next 10 years to support domestic manufacturing, with green hydrogen producers offered an AUD $6.7bn ($4.4bn) tax credit scheme.
South America’s recent developments show it now stands at a critical juncture in establishing itself as a serious contender in green hydrogen production and export. However, the path forward is not without its challenges…