The suspense on whether blue or green hydrogen would take the lead in the US market was resolved once and for all when the $369bn  Inflation Reduction Act unveiled direct subsidies to the tune of $3per Kg for the cleanest type of hydrogen production.

Grey hydrogen made through natural gas reforming makes up 99% of production,. Renewable hydrogen, also known as zero-carbon hydrogen, is produced from solar, wind and other renewable energy sources. According to Bloomberg New Energy Finance’s report the Hydrogen Economy Outlook, renewable hydrogen could supply 24% of the world’s energy demands by 2050 while cutting CO2 levels by 34%.

In this webinar we delve deep into what the IRA means for renewable hydrogen, and how your company can become a leader in this industry to capitalize on this once-in-a-century opportunity.

• Examine the ins and outs of how the IRA changes the game for renewable hydrogen in the US, and where the most immediate pockets of opportunity can be found for your company and project 
• Analyze what it means to your project that the IRA allows you to combine tax credits for renewable power generation facilities alongside the PTCs and ITCs for clean hydrogen production and storage infrastructure – which have also been extended until 2024
• Explore the business opportunities in hydrogen storage thanks to the 30% credit for energy storage technology constructed before January 1, 2025