Reported 4 days ago
The U.S. Treasury Department is set to issue guidance this week on accessing tax credits for hydrogen production under the 2022 Inflation Reduction Act. This guidance will outline a pathway for hydrogen produced using nuclear power to qualify for these credits, addressing ongoing debates about including existing nuclear plants. The final rules will clarify how energy companies can qualify for credits based on greenhouse gas emissions, and the inclusion of nuclear power is expected to impact investment viability in hydrogen production.
Source: YAHOO