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US green hydrogen market grapples with growing renewables demand, hourly matching

September 20, 2024 Comments Off

Developers of “green hydrogen” production facilities in the US are grappling with sourcing renewable energy and certification requirements under proposed federal production tax credits — amid a landscape of fierce competition for electricity with power-hungry data centers. Under the US Inflation Reduction Act’s draft rules for 45V hydrogen production tax credits, developers of green hydrogen, produced by separating water using…