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Proposed Electrolyzer Requirements for the Hydrogen Tax Credit: Strengths and Risks

Union of Concerned Scientists

But hydrogen can be cleanly produced and, with the right guardrails in place, that clean hydrogen can then be used to clean up polluting parts of the economy that can’t readily convert to running on renewable electricity. Otherwise, hydrogen will slow the clean energy transition, not speed it. the “three pillars”).

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UCS Testimony on the Clean Hydrogen Production Tax Credit

Union of Concerned Scientists

Department of the Treasury (Treasury) to carefully implement multiple new Inflation Reduction Act (IRA) tax credits, including the Section 45V Credit for Production of Clean Hydrogen (“45V”). UCS supports Treasury’s proposed temporal-matching requirement, with a phase-in of hourly matching by 2028 with no exemptions for legacy producers.

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PJM Interconnection Hears Testimony On Making Electricity Market Reforms To Address Nonperformance Of Natural Gas And Other Generators During Winter Storm Elliot; Transition To Clean Energy

PA Environment Daily

In addition, the US Energy Information Administration reported increasing electricity generation from renewable sources contributed to lower power prices so far in 2023. In the rush to so-called clean energy. Read more here. Policy changes have already had a significant impact on electricity generation in Pennsylvania.

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Homer City Coal-Fired Power Plant To Close In Indiana County; Low Price Of Natural Gas, High Price Of Coal, Regulatory Burdens, RGGI Cited As Causes

PA Environment Daily

On top of all these real challenges, Homer City faces the ongoing uncertainty surrounding Pennsylvania’s long stated intention to join the Regional Greenhouse Gas Initiative (RGGI). The two other large coal-fired plants-- Conemaugh (1,700 MW) and Keystone (1,700 MW)-- announced tentative plans to close in 2028.

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Right on Energy: Section 45V Hydrogen Production Tax Credit  

Cresforum

Introduction Hydrogen has been dubbed the “Swiss army knife” of clean energy, given its potential to become a tool to cut emissions in key sectors, as well as to assert U.S. global energy leadership and increase our nation’s competitive edge. DOE’s National Clean Hydrogen Strategy and Roadmap sets a target of increasing U.S.

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Senate Republicans Reject Gov. Shapiro’s Offer To Work On Legislation To Make The Electric Grid More Reliable, Diversify Our Energy Sources, Lower Energy Costs For Ratepayers, Reduce Greenhouse Gas Emissions

PA Environment Daily

Shapiro’s offer to work on legislation to make the electric grid more reliable, diversify Pennsylvania’s energy generation, lower energy costs for ratepayers and reduce greenhouse gas emissions. Shapiro Backs New Plan To Make Power Plants Pay For Greenhouse Gases -- Post-Gazette - Anya Litvak: Gov. Read his proposal here.]