Statement on the passage of the One Big Beautiful Act on behalf of Frank Wolak, President & CEO of the Fuel Cell and Hydrogen Energy Association (FCHEA)

WASHINGTON--"As Congress passes the One Big Beautiful Bill Act today, FCHEA is proud to have played a central role in helping restore the critical Section 45V hydrogen production tax credit. We commend our incredible Senate champions – particularly Senators Shelly Moore Capito and Bill Cassidy – for recognizing hydrogen’s unique potential to create jobs, drive investment, and strengthen our nation’s energy security. By restoring this incentive and providing the U.S. hydrogen industry with the flexibility it needs to invest and grow, Congress has sent a clear signal that the United States is serious about competing in the global clean energy economy.

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Extending the commencement of construction date to January 2028 for the hydrogen production credit gives the industry an opportunity to advance a significant round of projects that will jump start the U.S. hydrogen market

"Extending the commencement of construction date to January 2028 for the hydrogen production credit gives the industry an opportunity to advance a significant round of projects that will jump start the U.S. hydrogen market, including the crucial Regional Hydrogen Hubs.

"The extension reflects the efforts of FCHEA and the coordination of organizations from multiple energy sectors who came together to support a reasonable, commonsense policy solution. The U.S. hydrogen sector now positioned to leverage this opportunity and advance American energy and manufacturing leadership."

About Fuel Cell and Hydrogen Energy Association

The Fuel Cell & Hydrogen Energy Association (FCHEA) is the national industry association in the United States representing leading organizations advancing production, distribution, and use of innovative, clean, safe, and reliable hydrogen energy. For over 30 years FCHEA has provided a consistent industry voice to policymakers and regulators, driving support at the federal and state level. Our educational efforts promote the environmental and economic benefits of hydrogen energy and fuel cell technologies. Visit us online at www.fchea.org.