When it comes to renewable energy, hydrogen is hailed as a pivotal resource in the zero-carbon game plan. Hydrogen energy is accessible, produces lower greenhouse gas emissions and can use existing gas infrastructure to power...more
3/26/2024
/ Carbon Emissions ,
Clean Energy ,
Energy Projects ,
Energy Sector ,
Greenhouse Gas Emissions ,
Hydrogen Power ,
Infrastructure ,
Investment ,
Oil & Gas ,
Popular ,
Renewable Energy ,
Startups ,
Well Drilling
The proposed regulations go beyond the use of the GREET model by requiring the use of “energy attribute certificates” (EACs) to prove eligibility for the credit under section 45V of the Internal Revenue Code (IRC). The use of...more
1/2/2024
/ Clean Energy ,
Department of Energy (DOE) ,
Energy Tax Incentives ,
European Commission ,
Greenhouse Gas Emissions ,
Hydrogen Power ,
Inflation Reduction Act (IRA) ,
Internal Revenue Code (IRC) ,
Investment Tax Credits ,
IRS ,
Proposed Regulation ,
Renewable Energy ,
Tax Credits ,
U.S. Treasury ,
Zero Emission Credits
The application cycle for the first round of credits will soon open. Treasury’s additional guidance clarifies what types of facilities may qualify for credits, the submission process and the selection criteria for evaluating...more
6/21/2023
/ Clean Energy ,
Department of Energy (DOE) ,
Energy Projects ,
Greenhouse Gas Emissions ,
Hydrogen Power ,
Individual Retirement Account (IRA) ,
Internal Revenue Code (IRC) ,
Investment ,
IRS ,
New Guidance ,
Nuclear Power ,
Personal Property ,
Popular ,
Risk Management ,
Solar Energy ,
U.S. Treasury ,
Wind Power
The credit was included in the 2023 Budget Proposal, and if passed by Parliament will provide an ITC of up to 40% for eligible clean hydrogen projects.
Canada’s recently introduced 2023 budget includes $17.7 billion CAD...more
The Federal Energy Regulatory Commission has reopened the comment period for its natural gas infrastructure policy statements, giving the hydrogen industry a chance to champion policies that could promote hydrogen...more
The U.S. Securities and Exchange Commission issued proposed rule amendments requiring climate disclosures by public companies.
The SEC’s new climate disclosure rule will require all companies to report Scope 1 and Scope 2...more
3/28/2022
/ Climate Change ,
Disclosure Requirements ,
Financial Statements ,
Greenhouse Gas Emissions ,
Hydrogen Power ,
Nuclear Power ,
Proposed Amendments ,
Publicly-Traded Companies ,
Renewable Energy ,
Securities and Exchange Commission (SEC) ,
Sustainable Finance ,
Task Force on Climate-related Financial Disclosures (TCFD)
The Department of Energy has released two Requests for Information soliciting feedback and recommendations on the $9.5 billion-dollar clean hydrogen programs established by the Infrastructure Investment and Jobs Act.
The...more
The DOE Hydrogen Program presented in detail on nine U.S. regional clean hydrogen clusters identified as a result of its summer Request for Information.
The DOE launched a new “H2 Matchmaker” tool to enable clean hydrogen...more
The Senate-passed bill authorizes and appropriates $9.5 billion for clean hydrogen research, development and demonstration programs to be managed by the Secretary of Energy.
The bulk of this funding—$8 billion—is...more
President-elect Joe Biden announced an ambitious clean energy plan designed to counteract the impacts of climate change and reverse policies from the last four years of the Trump Administration.
With action promised on Day...more
The Hydrogen Program Plan establishes a strategic framework to coordinate DOE’s hydrogen research, development and demonstration activities.
The Hydrogen Program Plan affirms DOE’s commitment to developing the technologies...more