nuclear-news

US relaxes green hydrogen rules in race to boost nuclear sector 

Joe Biden’s administration relaxed the criteria for green hydrogen
producers to claim tax credits on Friday as it raced to help the struggling
sector and secure its [?] clean energy legacy ahead of Donald Trump’s
inauguration. The Treasury department has delayed stricter requirements for
the sector by two years to 2030: from that year, green hydrogen developers
will need to prove that their production is powered by renewables hour by
hour instead of annually, in order to qualify for credits.

The Treasury is also allowing hydrogen produced using power from existing nuclear plants to
qualify in its final rules, as long as the project averts a nuclear
plant’s retirement. This expands from its draft rules that require
developers to produce hydrogen from new clean energy projects, like solar
or wind, that are connected to their regional grid.

 FT 3rd Jan 2025
https://www.ft.com/content/38c519c3-1fe9-4d2c-9d8c-6dd158ab35aa

January 4, 2025 - Posted by Christina Macpherson | politics, USA