US Treasury Signals A New Hope For Green Hydrogen

Credit to Author: Tina Casey| Date: Mon, 06 Jan 2025 04:50:33 +0000

The US Department of the Treasury had green hydrogen and energy security on its mind when it announced the Final Rule for H2 production tax credits.

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New Report Establishes Baseline for Clean Energy Deployment in Energy Communities

Credit to Author: Cynthia Shahan| Date: Fri, 13 Dec 2024 23:17:57 +0000

For the first time, the Inflation Reduction Act of 2022 included place-based federal tax incentives for projects located in “Energy Communities,” which might alter the economic equation of where projects should be located. Storage projects may be eligible for a 10-point increase in the Investment Tax Credit (e.g., from 30% … [continued]

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