Too strict or not enough? | Draft guidance for US clean hydrogen production tax credit draws tens of thousands of comments

The US Treasury’s draft guidance for the 45V clean hydrogen production tax credit closed for comment yesterday, with almost 30,000 responses sent in from industry, environmental groups, and private citizens. The sheer volume of comments could potentially increase the time needed to finalise these long-awaited regulations, which will determine the rules by which projects would be eligible for the 2022...

Hydrogen industry pleads for easier path to US tax credits

Hydrogen industry pleads for easier path to US tax credits. Some companies planning to use new U.S. tax credits to deploy hydrogen projects urged the Treasury Department this week to ease proposed environmental requirements, warning that they could hinder the nascent industry’s takeoff. Treasury and the Internal Revenue Service hosted hearings this week on the guidance they...

Hydrogen to power Japan’s new passenger jet by 2035

Japan has unveiled a new vision for developing its next-generation in-house passenger jet. After delays and a troubled setback last year when a privately-led venture was discontinued, the new project marks a nationwide effort spearheaded by both the public and private sectors. This cutting-edge aircraft aims to incorporate “new environmental technologies” like hydrogen fuel or hybrid-electric...

Evoloh bets hydrogen won’t happen without better manufacturing

Image Credits: Teka77 / Getty ImagesThe path to starting a business is sometimes obvious, even if the founder doesn’t always realize it. That’s certainly true for Jimmy Rojas, who took the first steps toward founding his startup Evoloh three years earlier as a graduate student at Stanford working on hydrogen and energy systems. It continued when he worked at Baruch Future Ventures...

Hydrogen’s Clean Credentials In Doubt as U.S. Subsidies Roll Out

As the United States government rolls out billions of dollars in subsidies to produce hydrogen fuel for use in vehicles, factories, and power plants, a growing body of evidence is undercutting its clean credentials.The U.S. Department of Energy (DOE) recently awarded $7 billion to seven regional hydrogen production hubs, on top of a lucrative tax credit whose rules have become the subject of intense...

Offshore wind farms: a future Eldorado for hydrogen?

Offshore wind farms: a future Eldorado for hydrogen? During the HyPorts conference, Evolen organised a session on hydrogen production at sea from offshore wind energy. This was an opportunity to have insights from Equinor and Lhyfe. This session, facilitated by Philippe Muguerra, head of hydrogen projects at Hynamics (EDF Group), provided an opportunity to talk about the existence of a task...

Can crypto mining actually drive clean energy growth?

A novel study from Cornell Engineering investigates how the historically energy-intensive world of cryptocurrency mining might boost renewable energy deployment. The research suggests strategically pairing crypto mining with green hydrogen technology could offer economic benefits and reduce the sector’s carbon footprint. The challenge of crypto’s power consumption With its vast...

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