Currents

Ep281: Hydrogen Takeoff?

8 snips
Jan 22, 2025
Rachel Crouch, Chief Counsel of Hydrogen at The AES Corporation, joins fellow industry leaders to dissect the recent U.S. Treasury rules for hydrogen tax credits. They share insights on the importance of hydrogen in the energy transition and its potential in climate technology. The panel discusses regulatory challenges, such as aligning energy supply with hydrogen generation, and the complex landscape of hydrogen production. With growing global demand, the experts emphasize the necessity for policy alignment to support domestic market growth and enhance competitiveness.
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INSIGHT

Impact of Final Rules

  • The final rules for hydrogen tax credits offer clarity but may slow the U.S. market.
  • Europe's aggressive pursuit of green hydrogen presents export opportunities for U.S. producers.
INSIGHT

Grandfathering Annual Matching

  • Grandfathering annual matching for green hydrogen would have reduced production costs.
  • This would have increased competitiveness with blue hydrogen.
INSIGHT

Economics of Hourly Matching

  • Hourly matching of clean energy to hydrogen production is economically sensible.
  • Cost-effective power, often from renewables, aligns with this requirement.
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