Right on Energy: Section 45V Hydrogen Production Tax Credit
Cresforum
FEBRUARY 7, 2024
Clean hydrogen production relies either on electricity, which may be generated through renewable or fossil fuel resources; or directly on fossil fuels, via steam methane reformation (SMR) or coal gasification accompanied by carbon capture, or via methane pyrolysis. Lifecycle GHG Emissions (kg CO2e/kgH20) PTC Value ($/kg H2) 2.5-4
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