(WASHINGTON – January 3, 2024) Today, the Department of Treasury finalized guidance for the 45V Tax Credit for the Production of Clean Hydrogen. The tax credit, authorized by the Inflation Reduction Act, creates a new 10-year incentive for clean hydrogen up to $3.00/kg.
“45V offers a pathway to cut climate pollution through renewable-based hydrogen, while building a new market for U.S.-made low-emission fuels and electrolyzer equipment.