Article
Department of Energy Opens Emissions Value Request Process for Clean Hydrogen Production
Description
The U.S. Department of Energy (DOE) has opened its Emissions Value Request Process to support the Treasury’s implementation of the Clean Hydrogen Production Tax Credit (45V). This process is for taxpayers whose hydrogen production technology or feedstock is not included in the latest 45VH2-GREET model. They can request an emissions value from DOE to petition the IRS for a provisional emissions rate (PER).
Other articles in the issue
-
OCED Announces Notice of Intent to Fund $1.3 Billion for Transformational Emissions Reducing Technologies to Support Our Clean Energy Future
The U.S. Department of Energy (DOE) Office of Clean Energy Demonstrations (OCED) announced a Notice of Intent to fund up to $1.3 billion for carbon capture, utilization, and storage (CCUS) technologies. This funding, part of the Biden-Harris Administration’s Investing in America agenda, is made possible by the Bipartisan Infrastructure Law. It aims to create jobs, reduce pollution, and support America's leadership in emissions-reducing technologies.
-
New Contracts for Hydrogen and Battery Electric Buses Drive IVECO Bus to Success in France
IVECO BUS, the urban, intercity, and tourist bus brand of Iveco Group (EXM: IVG), received three new contracts for electric mobility solutions in France, reinforcing the brand’s leadership in the transition to cleaner, greener public transport. In total, 31 hydrogen fuel cell buses and 20 battery electric buses have been ordered since the beginning of September.
-
Abraxas Power Corp. and Exploits Valley Renewable Energy Corporation announce EVREC Achieving Pre-Certification for Green Hydrogen and Ammonia as Renewable Fuels of Non-Biological Origin (RFNBO) for the EVREC Project
Abraxas Power Corp. and its subsidiary EVREC have achieved pre-certification for green hydrogen and green ammonia as Renewable Fuels of Non-Biological Origin (RFNBO). This certification aligns with the European Commission's latest regulatory framework. The milestone highlights Abraxas’ dedication to advancing sustainable energy and leading the transition to a low-carbon future.
-
GeoPura Secures £22 Million Funding to Accelerate Green Hydrogen Expansion
UK-based hydrogen technology pioneer GeoPura has announced the successful closing of a £22 million debt funding round. The funding will be used to scale its fleet of green hydrogen power units (HPUs) and expand their deployment globally. This milestone marks the first major asset-backed debt funding deal for a UK green hydrogen company, building on the £56 million equity investment that GeoPura secured earlier this year.
-
OCI Global Completes Sale of Clean Ammonia to Woodside
OCI Global (Euronext: OCI), a leading global producer and distributor of hydrogen products, is pleased to announce the successful closing of the divestment of its Clean Ammonia project in Beaumont, Texas to Woodside Energy Group Ltd, signed on 5 August 2024, following the satisfaction of customary closing conditions and receipt of OCI shareholder approval.
-
Microsoft’s Commitment to Carbon Removal: A Focus on Partnerships with Lithos Carbon and Others
In a remarkable move showcasing its dedication to sustainability, Microsoft has signed a new agreement with Lithos Carbon, marking its third carbon removal deal this week. This latest agreement further cements Microsoft's position as a leader in global sustainability initiatives and underscores its ongoing pursuit of innovative, scalable carbon removal technologies.