Washington, DC—Today, the U.S. Treasury Department released proposed regulations on the Clean Hydrogen Production Credit established in the Inflation Reduction Act. The proposed guidance answers calls from Reps. Jamie Raskin (MD-08) and Don Beyer (VA-08) along with 44 House Democrats, environmental groups, consumer advocates, and renewable energy companies who have emphasized the need to ensure hydrogen fuel is produced from clean energy sources.
“Hydrogen offers us a promising clean energy solution, but only if it is produced from renewable energy, rather than dirty fossil fuels—and in today’s Treasury guidance, the Biden Administration has demonstrated its strong commitment to positive hydrogen solutions and a clean energy transition,” said Rep. Raskin. “Creating a truly clean hydrogen industry that supports our climate goals depends on us getting things right today. I look forward to seeing a final rule that retains these strong climate standards.”
Notably, the new proposed guidance adopts the three pillars of clean hydrogen production that Reps. Raskin, Beyer and their colleagues expressed support for in their recent letter to the Treasury Department, with provisions prioritizing additionality, deliverability and hourly time-based matching. These three pillars ensure that hydrogen is generated using new, “additional,” renewable energy sources, not just the limited renewables currently supplying our power grid, that power generated by clean energy reaches hydrogen production projects, and that hydrogen will be produced during the same hours that the clean electricity is being generated.