article thumbnail

Right on Energy: Section 45V Hydrogen Production Tax Credit  

Cresforum

The United States has natural advantages for hydrogen production because of its ample availability of feedstocks, storage, and adaptable natural gas supply infrastructure. In May 2023, the company put a $900 million nuclear-powered clean hydrogen production facility on hold, awaiting clarity on the rules.

article thumbnail

Climate Choices Part II — Session Law 2021-165 (Carbon Reduction Plan)

Smith Enviorment

All four plans proposed to phase-out all of the state’s remaining coal-fired power plants although closure dates varied. The plans differed in the mix of new energy sources (natural gas, solar, battery storage, nuclear and wind) to replace coal and the timelines for bringing those new sources on line.

Law 52