A letter addressed to US congressional leaders highlighted the critical role of Section 45V tax credits in driving the growth of the hydrogen industry, positioning the nation for “global energy dominance.”
Sent today (February 18) by a coalition of businesses and organisations representing the American hydrogen industry, the letter said the sector has been “hamstrung by delays in the regulatory guidance for this credit by the Biden Administration” over the past two and a half years.
Read more:US Treasury relaxes 45V hydrogen tax credit rules and opens nuclear pathway
The letter added, “With the final rulemaking just being issued this January, our industry is now poised to invest billions of dollars in deployments and manufacturing facilities across the country.
“However, that private sector investment is at risk due to the uncertainty around this crucial incentive. There are hundreds of companies and thousands of…
