What does it mean for hydrogen to be clean? And will the emerging hydrogen economy be able to deliver the meaningful climate benefits it promises? The U.S Treasury is about to make a series of decisions that will determine the answer to these questions for the U.S region, and potentially others around the world who choose to follow by example.
Energy Exchange
Why a strong ‘3 pillar’ framework makes sense for pivotal hydrogen tax credit
New Mexico can protect its citizens by closing an orphan well loophole
By Adam Peltz and Meg Coleman
New Mexico’s legislators have a remarkable opportunity in the coming days to protect New Mexico families, businesses and the environment by revising the antiquated Oil and Gas Act with House Bill 133.
Keep clean hydrogen clean
By Fred Krupp, Manish Bapna and Armond Cohen
Originally published in themessenger.com, December 2023 (no longer in circulation).
It’s a make-or-break moment for hydrogen’s role in our clean energy future. Hailed for its potential to flexibly deliver energy without polluting the climate, hydrogen could be a valuable climate solution if we get it right. That’s why the Biden administration is deploying vast new incentives to jumpstart a new clean hydrogen economy. But hydrogen isn’t without risk, which is why the details of these programs matter.
Flexible interconnection can optimize the grid and speed deployment of charging infrastructure
By Casey Horan
As the first blog in this series details, shorter interconnection timelines can be key to accelerating electric vehicle deployments and achieving decarbonization goals. Luckily, there are currently available policy and technical solutions states can use to achieve timely interconnection, including: (1) hybrid interconnection; (2) flexible interconnection; and (3) ramped connection.
The process of upgrading the grid can be lengthy, expensive and complex. For utilities, flexible interconnection can help bring down costs by optimizing existing grid infrastructure and deferring costly grid upgrades. Closing the gap between what the grid can accommodate and the scale of the energy resources that can be connected will benefit both utilities and customers. Here, we explore ways states can use flexible interconnection agreements to deploy EV chargers more quickly without putting excess stress on the grid.
EPA advances methane waste charge to help cut oil and gas pollution
Last week, EPA proposed details for how it will administer Congress’s methane waste emissions charge for excessive oil and gas pollution, passed as part of the Inflation Reduction Act’s Methane Emissions Reduction Program in 2022.
New tax guidance on alternative fuel infrastructure is big news for fleets
The U.S. Department of the Treasury recently issued new guidance on eligibility for the 30C Alternative Fuel Vehicle Refueling Property Credit, which provides a tax subsidy of up to $100,000 per charging port installed at private fleet depots and other logistics facilities.