Hydrogen Subsidies

US finalises new rules that will allow clean hydrogen producers to sell tax credits

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...

Second round of European Hydrogen Bank subsidy auction allocated €1.2bn — €1bn less than expected

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...

Proposed federal hydrogen tax credit rules could be worth billions

The Department of Treasury’s new proposed rules for tax credits for “clean hydrogen” could be a boon for boosting the nascent clean energy field, advocates say. But some companies, including oil and gas producers, and politicians say they are too strict to accelerate the industry quickly enough.The rules will establish how clean the plants need to be to...

Hydrogen Headstart | More than 3.5GW of Australian green H2 projects shortlisted for $1.35bn of subsidies

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...

Carbon-free hydrogen production needs multi-billion dollar subsidies to make it cost effective -research

FRANKFURT (Reuters) - The falling cost of producing hydrogen from renewable power offers a promising route to cutting emissions, but governments need to step in and provide $150 billion of subsidies over the next decade to scale up the technology, according to research from Bloomberg New Energy Finance (BNEF).Renewable hydrogen can be made by splitting water into hydrogen and oxygen, using electricity...

The Fuel Cell Vehicle Market Is Growing

Just as the Obama administration claimed back in 2009, fuel cell technology was over a decade away. But that decade came and went. Now, 14 years later, fuel cell technology is far more economical and scalable for commercial use. The cost of FCVs have plunged over 65% over the last decade – especially for buses – on the back of innovations and production improvements. The increased affordability...

Japanese government allocates $21bn to clean hydrogen subsidies

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...

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