A new tax credit for hydrogen helps out nuclear energy
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.
Hydrogen tax credit rules give startups clarity while boosting nuclear and carbon capture
Hydrogen startups are widely seen as a promising way to eliminate fossil fuels from heavy industry and long-haul transportation. But they have been stuck
Finalized tax credit for cleaner hydrogen gets a cautious OK from some environmental groups
The Biden administration released long-awaited final rules Friday for a tax credit that will send billions of dollars to producers of cleaner hydrogen
US loosens hydrogen tax credit rules: nuclear, methane and delayed deadline
The US’ 45V hydrogen tax credit is among the most – if not the most – generous incentives for hydrogen production in the world, according to industry experts.
Plug Power Stock Jumps Further on New Rules for Clean Hydrogen Tax Credits
Plug Power shares surged for a second straight session on new tax credit rules for clean hydrogen production. Last week, the Treasury Department issued the final rules for the tax credits spelled out in the Inflation Reduction Act of 2022.
Nuclear Advocates See Improved Pathways to Hydrogen Tax Credits
Various stakeholders within the nuclear industry say the clarity provided by the Treasury Department’s hydrogen tax credit rules is a positive step rather than a thorough solution to the obstacles they face in a nascent global hydrogen market.
Section 45V Tax Credit Implications for Nuclear & Clean Hydrogenybg6
The U.S. Department of the Treasury Department and Internal Revenue Service newly released Section 45V hydrogen tax credit guidance now
Nuclear-Energy Stocks Gain After Easing of Hydrogen Tax-Credit Rules
The final rule for clean-hydrogen production would allow some nuclear power plants that are at risk of retirement to produce the gas.
Treasury unveils eleventh-hour final guidance for hydrogen tax credit
The eleventh-hour rules come just over two weeks before President-elect Donald Trump again takes office. He is expected to ...
EverWind Completes Clean Hydrogen Investment Tax Credit Submission and Carbon Intensity Validation
EverWind, North America's leading green hydrogen developer, has successfully completed and submitted the Clean Hydrogen Investment Tax Credit (CH ITC) Clean Hydrogen Project Property Plan for EverWind ...
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Final Section 45V Clean Hydrogen Production Tax Credit Regulations Issued
On January 3, 2025, the Internal Revenue Service (“IRS”) and the Department of the Treasury (“Treasury”) released long-awaited final ...
After Fierce Lobbying, Treasury Sets Rules for Billions in Hydrogen Subsidies
With a lucrative tax credit, the Biden administration is hoping to establish a new industry that might help fight climate ...