Department of Energy Opens Emissions Value Request Process for Clean Hydrogen Production
Published by Todd Bush on September 30, 2024
Today, the U.S. Department of Energy (DOE) opened its Emissions Value Request Process in support of the U.S. Department of the Treasury’s (Treasury) implementation of the Clean Hydrogen Production Tax Credit (45V) enacted by the Inflation Reduction Act (IRA). The process opening today is for taxpayers whose hydrogen production technology and/or feedstock is not included in the most recent version of the 45VH2-GREET model. These taxpayers can use the Emissions Value Request Process to request an emissions value from DOE, which is necessary to petition the Internal Revenue Service (IRS) for a determination of a provisional emissions rate (PER).
>> In Other News: OCED Announces Notice of Intent to Fund $1.3 Billion for Transformational Emissions Reducing Technologies to Support Our Clean Energy Future
This Process was introduced in Treasury’s December 2023 Notice of Proposed Rulemaking for the 45V tax credit. Treasury then issued a supplemental notice of proposed rulemaking in April 2024 to invite comment on the information collection proposed for the Emissions Value Request Process. DOE and Treasury have considered the comments received by stakeholders, and DOE has now specified procedures and requirements to access the process and is accepting applications.
Subscribe to the newsletter
Daily decarbonization data and news delivered to your inbox
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Latest issues
-
Heidelberg's $1.36B Edmonton Plant Is on Hold. Here's Why.
Inside This Issue 🚧 Carbon Price Gap Stalls Heidelberg Materials' $1.36B Edmonton Cement Carbon Capture Project ⛽ Shanghai Electric Contributes to World-Record Biomethanol Bunkering Operation ⚖️ I...
-
Mombak Delivered 21,000 Google Carbon Tonnes Two Years Early
Inside This Issue 🌱 Mombak Beat Google's 2028 Carbon Deadline by Two Years 🛫 China's First SAF Compliance Service for Foreign-Registered Business Jets Successfully Implemented ✈️ UMeWorld Advances...
-
IRS Just Gave Carbon Capture Projects a Longer Runway
Inside This News ⚡ IRS Expands and Extends 45Q Safe Harbor, Offering Long-Term Certainty to Carbon Capture Projects 🌊 South Korea Signs MoU for 320MW Green Hydrogen Complex 🌱 Senken and Carbonsate...
Company Announcements
-
Research to be presented at COM 2026 highlights Novacium’s proprietary HyDRAS™ process, which combines black dross and bauxite residue to produce hydrogen while recovering value from aluminum indu...
-
Shanghai Electric Contributes to World-Record Biomethanol Bunkering Operation
SHANGHAI, Aug. 20, 2026 /PRNewswire/ -- On August 17, Shanghai Electric partnered with Shanghai International Port Group and CMA CGM Group to conduct a biomethanol bunkering operation with a total ...
-
MISSISSAUGA, Ontario, Aug. 18, 2026 /PRNewswire/ -- Next Hydrogen Solutions Inc. is pleased to announce that it has completed a Basic Design Engineering Package (BDEP) for a planned 10 MW fueling s...
-
Syzygy Plasmonics and IFC Partner to Advance Sustainable Aviation Fuel Projects Across Latin America
Framework agreement supports the development of Syzygy's SAF project pipeline in Latin America, beginning with its first planned commercial-scale facility in Uruguay. Syzygy Plasmonics, a leader i...