US Treasury Department

govUnited States 2 mentions

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Often mentioned with · Technologies

Hydrogen produced from renewable electricity sources, considered a critical component for hydrogen's long-term credibility as a clean fuel.

Hydrogen produced using nuclear power, distinct from "green hydrogen" which is powered by renewable energy. It is also referred to as purple or red hydrogen.

Renewable electricity credits

Financial instruments representing renewable energy generation that can be purchased to offset fossil fuel-based electricity consumption.

Often mentioned with · Locations

District of Columbia

District of Columbia

Often mentioned with · Projects

Constellation Energy Nuclear Hydrogen Project

A $1 billion initiative to produce pink (nuclear) hydrogen at Constellation Energy's facility in upstate New York and supply it to industrial customers throughout the Midwest. The project aims to provide low-carbon hydrogen for heavy industry decarbonization.

announced 1 mention

Often mentioned with · Facilities

Constellation Energy upstate New York facility

Often mentioned with · Products

Hydrogen produced using electricity from nuclear power. It is being supplied to Linde Gas AB for industrial use and the green transition.

Often mentioned with · Research studies

Study on impact of clean hydrogen rules on investment

In the news (2)

US Energy Giants Build Campaign Against Clean Hydrogen Regulations

2 years 11 months ago

The Treasury Department is issuing tax guidelines this month that will identify which hydrogen projects qualify for substantial subsidies under last year's climate law.

Constellation Energy hits pause button on massive US nuclear hydrogen power plan

3 years ago

Will provide guidance on how hydrogen suppliers can qualify for tax credits under the Inflation Reduction Act.

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