US loosens hydrogen tax credit rules

A new tax credit for hydrogen helps out nuclear energy
The Biden administration finalized rules meant to boost domestic production of hydrogen fuel through a new tax credit, a move that might also keep struggling nuclear power plants on line for longer.
Nuclear energy stocks rise after final US rules on hydrogen tax credits
The US Treasury published its final rules on clean hydrogen production, providing clarity for producers seeking to qualify for the clean hydrogen production tax credit of up to $3 per kilogram.
Nuclear-Energy Stocks Gain After Easing of Hydrogen Tax-Credit Rules
The final rule for clean-hydrogen production would allow some nuclear power plants that are at risk of retirement to produce the gas.
US loosens hydrogen tax credit rules: nuclear, methane and delayed deadline
The US’ 45V hydrogen tax credit is among the most – if not the most – generous incentives for hydrogen production in the world, according to industry experts.
Biden team offers nuclear path to hydrogen tax credit
The Biden administration said on Friday portions of nuclear power plants will be able to secure tax credits to produce clean hydrogen if the credits help to prevent reactors from retiring.
Biden releases hydrogen tax credit. Nuclear energy stocks rise.
A number of nuclear energy providers and generators — including Oklo (OKLO), NuScale Power (SMR), and Nano Nuclear Energy (NNE) — are seeing their shares take off after the Biden administration eased their tax credit rules for clean hydrogen producers.
Plug Power Stock Jumps Further on New Rules for Clean Hydrogen Tax Credits
Key Takeaways Plug Power shares surged for a second straight session on new tax credit rules for clean hydrogen production.Last week, the Treasury Department issued the final rules for the tax credits spelled out in the Inflation Reduction Act of 2022.
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Treasury unveils eleventh-hour final guidance for hydrogen tax credit
The eleventh-hour rules come just over two weeks before President-elect Donald Trump again takes office. He is expected to ...
Biden Loosens Rules for Hydrogen Subsidies Worth Billions
The Biden administration loosened some stringent safeguards on a tax credit worth billions of dollars for hydrogen production ...
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Hydrogen tax credit rules give startups clarity while boosting nuclear and carbon capture
The rules, which have been over two years in the making, relax some parts of the draft proposal, giving existing nuclear and fossil fuel power plants a bit of a reprieve. Because hydrogen can be ...
Finally A Framework For Clean Hydrogen Subsidies
In this week's Current Climate newsletter, the Biden Administration sets clean hydrogen credit rules; creating the "DuPont of ...
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Hydrogen Finally Gets A Price Tag: S&P 500 New Energy Plays Soar Along With This Amazon Vendor
A number of new energy stocks, including S&P 500 nuclear stocks Constellation Energy and Vistra, along with Amazon.com ...