Hydrogen Subsidies

The Big Hydrogen Cash Grab

As the Biden administration works to finalize implementation guidance for the new clean hydrogen production tax credit, 45V, the fossil fuel industry and a select set of other industry actors are aggressively lobbying to loosen the rules—while everyone else is scrambling to stop them. Here’s why. First, the tax credit is generous. Extremely generous. Borderline obscenely generous. And...

Governments will miss their 2030 clean hydrogen targets due to a lack of demand-side incentives: BNEF

Clarity on clean hydrogenOur mission is to deliver engaging and independent business journalism and insight to executives and leaders in the global clean hydrogen industry. We focus on delivering the news and analysis that matters, fearlessly looking beyond the hydrogen hype to provide a balanced view of the market, giving readers the knowledge they need to make critical business decisions. Source link...

EU and Japan aim to ‘converge’ respective hydrogen regulations to pave the way for global H2 trade

Clarity on clean hydrogenOur mission is to deliver engaging and independent business journalism and insight to executives and leaders in the global clean hydrogen industry. We focus on delivering the news and analysis that matters, fearlessly looking beyond the hydrogen hype to provide a balanced view of the market, giving readers the knowledge they need to make critical business decisions. Source link...

Mini-electrolyser maker’s shares surge as it reveals EU approval for massive Portuguese green hydrogen project

Clarity on clean hydrogenOur mission is to deliver engaging and independent business journalism and insight to executives and leaders in the global clean hydrogen industry. We focus on delivering the news and analysis that matters, fearlessly looking beyond the hydrogen hype to provide a balanced view of the market, giving readers the knowledge they need to make critical business decisions. Source link...

Japan’s energy transition | Global law firm

Japan has recently seen significant changes in its energy sector as it transitions towards a more sustainable, secure and diversified energy supply mix for the future. To meet both the energy demands and Japan's commitment to achieve net zero by 2050, renewables and other clean energy projects will need to gain momentum. And fast. Together with private sector investment, driving this...

‘US hydrogen tax credits would survive a Trump administration’, say well-connected lobby groups

Clarity on clean hydrogenOur mission is to deliver engaging and independent business journalism and insight to executives and leaders in the global clean hydrogen industry. We focus on delivering the news and analysis that matters, fearlessly looking beyond the hydrogen hype to provide a balanced view of the market, giving readers the knowledge they need to make critical business decisions. Source link...

US to release hydrogen subsidy guidance after COP28

By Valerie VolcoviciDUBAI (Reuters) - The U.S. will release guidance for how hydrogen producers can secure billions of dollars of subsidies embedded in last year’s Inflation Reduction Act sometime this year after the COP28 climate conference in Dubai, U.S. energy advisor John Podesta told Reuters on Wednesday.Industry has been waiting anxiously for the guidance from the U.S. Treasury Department for...

EU approves billions in state aid for hydrogen value chain

The IPCEI Hy2Move project focuses on research, innovation, and “a wide part of the hydrogen technology value chain.” It was jointly prepared and registered by the seven EU member states: Germany, Estonia, France, Italy, the Netherlands, Slovakia, and Spain. These countries will provide up to 1.4 billion euros in public funding. According to the European Commission, it could “unlock an additional...

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