News & Analysis as of

Federal Funding Hydrogen Power

Wilson Sonsini Goodrich & Rosati

Clean Energy and Climate Solutions Federal Funding Database

Wilson Sonsini is pleased to share our January 2024 update to the Clean Energy and Climate Solutions Federal Funding Database. This month, the database features funding opportunity announcements (FOAs), notices of intent...more

Saul Ewing LLP

$7 Billion Set Aside for Seven Selected Regional Hydrogen Hubs

Saul Ewing LLP on

On October 13, 2023 in Philadelphia, President Biden and Secretary of the Department of Energy (DOE) Granholm announced the seven regional hydrogen hubs (H2Hubs) selected for negotiation with DOE for $7 billion in funding....more

White & Case LLP

Hydrogen Hub Projects Awarded $7 Billion by US Department of Energy

White & Case LLP on

In November of 2021, President Biden signed the Bipartisan Infrastructure Law (BIL), which established the Regional Clean Hydrogen Hubs (H2Hubs) program. Under the authority of the US Department of Energy (DoE), six to ten...more

Womble Bond Dickinson

Federal Officials Unveil Choices for First Seven Clean Hydrogen Hubs

Womble Bond Dickinson on

Today, the White House and the U.S. Department of Energy announced the latest steps in a long-term plan to grow low-cost, clean hydrogen. The joint announcement identified seven regional clean hydrogen hubs. These hubs...more

Latham & Watkins LLP

US Government Announces New Hydrogen Demand-Side Initiative

Latham & Watkins LLP on

The US Department of Energy has committed $1 billion to support clean hydrogen offtakers to kickstart the hydrogen economy. On July 5, 2023, the US Department of Energy (DOE) released a Notice of Intent (NOI) to invest up...more

Holland & Knight LLP

Treasury Department and IRS Release Direct Pay and Transferability Guidance

Holland & Knight LLP on

The U.S. Department of the Treasury and IRS on June 14, 2023, released two notices of proposed rulemaking (NOPRs) regarding the direct payment of tax credits under Section 6417 of the Internal Revenue Code (Elective Payment...more

Tonkon Torp LLP

Hydrogen Is the Next Big Thing in Renewables

Tonkon Torp LLP on

Hydrogen is the most abundant element in the universe. It is also chock full of energy. Approximately one kilogram of hydrogen contains as much energy as one gallon of gasoline. Unlocking that energy for human use is perhaps...more

Latham & Watkins LLP

UK “Green Day” - Key Policy Measures Announced to Fuel Investment in Green Energy and Achieve Net Zero

Latham & Watkins LLP on

The UK government has unveiled a number of measures with the overall purpose of reaching net zero by 2050 and meeting the UK’s climate targets. On 30 March 2023, on what has been called the UK’s “green day”, the UK...more

Allen Matkins

Renewable Energy Update - December 2022

Allen Matkins on

Western day-ahead market could save $1.2B a year, boost renewables output 1,800+ GWh: CAISO report - Utility Dive – November 23 - A day-ahead market across the western U.S. could save the region up to $1.2 billion a...more

Husch Blackwell LLP

The Pathway to U.S. Hydrogen Development is Established

Husch Blackwell LLP on

On September 22, 2022, the U.S. Department of Energy (DOE) announced a $6-7 billion Funding Opportunity to begin the development of a nationwide program for the planning, construction, and operation of commercial-scale...more

Eversheds Sutherland (US) LLP

Electric vehicle incentives - federal

With interest and investment in electric vehicle (EV) technology increasing steadily, it is important for original equipment manufacturers, suppliers, dealers, and consumers to be aware of federal and state incentives...more

K&L Gates LLP

Hydrogen Rising: Incentives and Tax Issues Impacting the Australian Hydrogen Sector

K&L Gates LLP on

Clive Cachia and Betsy-Ann Howe discuss with host David Wochner government incentives programs for and tax considerations impacting foreign investment in the hydrogen industry Down Under....more

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