#45v — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #45v, aggregated by home.social.
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In a Surprise Move, The US Senate has extended the 45V clean #hydrogen tax credit deadline to 2027, extending the eligibility window for developers to qualify for up to $3 per kilogram. HT #fuelcellsworks.com
#H2 #45V #hydrogennow #cleanenergy #energytransition #policy #renewables #decarbonization -
A couple bits about the 45V tax rules for Green Hydrogen:
First off, there currently is none. Hydrogen overall is tiny, and >98% of it is Grey. Green H₂ is virtually nonexistent.
That's why the subsidies are key, and why it's key that they aren't inadvertently subsidizing Blue/Grey H₂.
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A couple bits about the 45V tax rules for Green Hydrogen:
First off, there currently is none. Hydrogen overall is tiny, and >98% of it is Grey. Green H₂ is virtually nonexistent.
That's why the subsidies are key, and why it's key that they aren't inadvertently subsidizing Blue/Grey H₂.
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Listening to the @TransitionShow on proposed #45V rules, and wondering how experience curves interact with the *rate* of deployment as opposed to the cumulative volume deployed. Like there's a lot more opportunity to learn and iterate by deploying 100GW of some resource over 10 years than over 1 year. #EnergyTransition
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Listening to the @TransitionShow on proposed #45V rules, and wondering how experience curves interact with the *rate* of deployment as opposed to the cumulative volume deployed. Like there's a lot more opportunity to learn and iterate by deploying 100GW of some resource over 10 years than over 1 year. #EnergyTransition
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US rooftop solar incentives are getting warped into financial scams targeting vulnerable consumers. This seems like dangerously bad PR for PV and the #EnergyTransition in general. And maybe a preview of debacles that could play out around the very generous #45Q and #45V carbon capture and hydrogen tax credits.
Our real "alignment problem" is the divergence between the interests of billionaires, their corporations, and the rest of us.
via @pluralistic
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US rooftop solar incentives are getting warped into financial scams targeting vulnerable consumers. This seems like dangerously bad PR for PV and the #EnergyTransition in general. And maybe a preview of debacles that could play out around the very generous #45Q and #45V carbon capture and hydrogen tax credits.
Our real "alignment problem" is the divergence between the interests of billionaires, their corporations, and the rest of us.
via @pluralistic
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#45V hydrogen rules are out, and the headline bits look rather good: new (built within 3 years) electricity sources only, co-location (in same region), and time-matching by 2028 https://home.treasury.gov/news/press-releases/jy2010
Some more on why that's important: https://gwagner.com/45v
The big loophole, it seems: "renewable natural gas."
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#45V hydrogen rules are out, and the headline bits look rather good: new (built within 3 years) electricity sources only, co-location (in same region), and time-matching by 2028 https://home.treasury.gov/news/press-releases/jy2010
Some more on why that's important: https://gwagner.com/45v
The big loophole, it seems: "renewable natural gas."
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Th leaked #45V #hydrogen tax credit rules from the US Treasury look goood. Let's hope people don't flip out and try to get them changed before they're finalized. #EnergyMastodon #EnergyTransition
With the $3/kg credit, new renewables running electrolyzers already pencil financially even without a grid connection, so stuff is going to get built even with these additionality, hourly matching, and deliverability requirements.
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Th leaked #45V #hydrogen tax credit rules from the US Treasury look goood. Let's hope people don't flip out and try to get them changed before they're finalized. #EnergyMastodon #EnergyTransition
With the $3/kg credit, new renewables running electrolyzers already pencil financially even without a grid connection, so stuff is going to get built even with these additionality, hourly matching, and deliverability requirements.
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There's gossip about Treasury punting the #GreenHydrogen #45V tax credit rules decision until the fall. Anything concrete to read?
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There's gossip about Treasury punting the #GreenHydrogen #45V tax credit rules decision until the fall. Anything concrete to read?
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One of the most consequential climate decisions is playing out at...the IRS.
The IRA includes generous, uncapped clean hydrogen tax credits: 45V.
Done right, these $100s of billions in tax credits could be the biggest boon for the U.S. hydrogen industry and for clean electricity ever.
Done wrong, they could be a boondoggle larger than corn ethanol, driving emissions up, not down.
My latest for #WaPo, with Danny Cullenward https://wapo.st/3LbYfMW [free to read]
#climate #IRA #efuels #45V -
One of the most consequential climate decisions is playing out at...the IRS.
The IRA includes generous, uncapped clean hydrogen tax credits: 45V.
Done right, these $100s of billions in tax credits could be the biggest boon for the U.S. hydrogen industry and for clean electricity ever.
Done wrong, they could be a boondoggle larger than corn ethanol, driving emissions up, not down.
My latest for #WaPo, with Danny Cullenward https://wapo.st/3LbYfMW [free to read]
#climate #IRA #efuels #45V
