The Hydrogen Economy
This will be an uneasy time for everyone engaged in the US hydrogen business. Even the best-run industrial gas companies have some exposure to 45V
January 28, 2025
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This will be an uneasy time for everyone engaged in the US hydrogen business. Even the best-run industrial gas companies have some exposure to 45V
At the 11th hour, the IRS offered some 45V clarity, and while some have welcomed the move to annual matching rather than hourly matching of
• The economics of intermittent hydrogen are poor, and you need both very low capital costs and very low power costs to make any sort
• Some of those concerned that a Trump administration would repeal the 45V tax credit for hydrogen are pushing forward with projects in Republican states
The year-end announcement that the EPA and the Biden Administration is granting primacy for CCS Class 6 well permits to Louisiana is a game changer
A confluence of events will likely add more negative momentum to the clean hydrogen market in 2024, with renewable power costs staying too high in
The adherence to additionality, temporal, and geographic standards, suggested in the recent IRS 45V tax code leak, means higher-priced green hydrogen based on higher-cost power
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