On April 30, 2024, the Department of the Treasury issued final regulations on tax credit transfers that allow hydrogen producers to sell tax credits earned under § 45V of the Inflation Reduction Act (IRA). Section 6418 of the...more
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
Federal legislation has been introduced that would provide that standalone storage projects are eligible for the investment tax credit (“ITC”). The legislation is titled the “Energy Storage Tax Incentive and Deployment...more