On January 3, 2025, the U.S. Treasury Department and Internal Revenue Service published final rules regarding clean hydrogen production tax credits. These guidelines specify the criteria producers must meet to qualify for tax credits.
The new rules are designed to make it significantly easier for companies to obtain tax credits for producing green hydrogen in the coming years. This includes credits of up to $3 per kilogram, providing a substantial financial incentive.
This regulatory clarity is expected to boost the development and adoption of clean hydrogen technologies. For Bloom Energy, this directly supports its electrolyzer business and the deployment of its hydrogen-fueled systems, enhancing their economic viability.
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