hydrogen, tax credit

A new tax credit for hydrogen helps out nuclear energy
The Biden administration finalized rules meant to boost domestic production of hydrogen fuel through a new tax credit, a move that might also keep struggling nuclear power plants on line for longer.
Nuclear-Energy Stocks Gain After Easing of Hydrogen Tax-Credit Rules
The final rule for clean-hydrogen production would allow some nuclear power plants that are at risk of retirement to produce the gas.
Biden team offers nuclear path to hydrogen tax credit
The Biden administration said on Friday portions of nuclear power plants will be able to secure tax credits to produce clean hydrogen if the credits help to prevent reactors from retiring.
Nuclear becomes eligible for hydrogen tax credits under updated US rules
Changes to the proposed final rules for US tax credits to support clean hydrogen production mean that existing nuclear power plants will now be eligible. ;
Biden releases hydrogen tax credit. Nuclear energy stocks rise.
A number of nuclear energy providers and generators — including Oklo (OKLO), NuScale Power (SMR), and Nano Nuclear Energy (NNE) — are seeing their shares take off after the Biden administration eased their tax credit rules for clean hydrogen producers.
Oklo, NuScale Power, Nano Nuclear Energy Gain After U.S. Hydrogen Tax-Credit Revision
Shares of Oklo, NuScale Power and Nano Nuclear Energy rose Friday after the Treasury Department and Internal Revenue Service revised rules for hydrogen production tax credits. The three companies all are working on small modular nuclear reactors. Oklo was up 25%, to $27.25, while NuScale gained 17%, to $20.69. Nano rose 13%, to $26.97.
Plug Power Stock Jumps Further on New Rules for Clean Hydrogen Tax Credits
Key Takeaways Plug Power shares surged for a second straight session on new tax credit rules for clean hydrogen production.Last week, the Treasury Department issued the final rules for the tax credits spelled out in the Inflation Reduction Act of 2022.
New hydrogen tax rules face uncertain future
Incoming Senate Environment and Public Works Chair Shelley Moore Capito (R-W.Va.) says her party may not spare hydrogen tax credits crafted by Democrats. Francis Chung/POLITICO Democrats and their allies welcomed the Treasury Department’s final guidance,
Finally A Framework For Clean Hydrogen Subsidies
In this week's Current Climate newsletter, the Biden Administration sets clean hydrogen credit rules; creating the "DuPont of ...
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Here’s why Nuclear energy stocks are rising in 2025
Shares of nuclear energy companies have recently surged following the Biden administration's decision to ease tax-credit ...
Treasury unveils eleventh-hour final guidance for hydrogen tax credit
The eleventh-hour rules come just over two weeks before President-elect Donald Trump again takes office. He is expected to ...
NewHydrogen CEO Steve Hill and Rutgers University Expert Focus on Green Hydrogen as a Grassroots Solution for Global Energy Transition
Dr. Michael Shafer highlighted the unique advantages of on-site green hydrogen production, particularly in regions lacking reliable energy ...
Creating clean hydrogen power is hard. Biden’s new subsidies show why.
The Biden administration unveils final rules for subsidizing hydrogen power amid debate over how green the fuel should be.
After Fierce Lobbying, Treasury Sets Rules for Billions in Hydrogen Subsidies
With a lucrative tax credit, the Biden administration is hoping to establish a new industry that might help fight climate ...