US Energy Secretary Jennifer Granholm launched the Hydrogen Shot initiative
US hydrogen industry eyes tax credit
Stimulus needed on both supply and demand sides of the equation if hydrogen economy is to be accelerated, says industry lobby group
New US tax credits and other incentives for the hydrogen sector should be adopted to help the country meet the Biden administration’s new goal of slashing the cost of clean hydrogen by 80pc, to $1/kg, within a decade, according to a leading lobbyist. This price level would make hydrogen competitive with conventional fuels—a development seen as vital to hydrogen’s adoption. Tax credits for green hydrogen would be key to reaching that goal, according to Morry Markowitz, president of the Fuel Cell and Hydrogen Energy Association (FCHEA), the national trade body. “It is a start that could provide certainty in the marketplace,” says Markowitz, noting that a production and an investment tax credit
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25 February 2026
Low-carbon hydrogen and ammonia development is advancing much more slowly and unevenly than once expected, with high costs and policy uncertainty thinning investment. Meanwhile, surging energy demand is reinforcing the role of natural gas and LNG as the backbone of the global energy system, panellists at LNG2026 said
18 February 2026
Norwegian energy company has dropped a major hydrogen project and paused its CCS expansion plans as demand fails to materialise
4 February 2026
Europe’s largest electrolyser manufacturers are losing patience with policymakers as sluggish growth in the green hydrogen sector undermines their decision to expand production capacity
2 February 2026
As a fertiliser feedstock, it is indispensable, but ammonia’s potential as a carbon-free energy carrier is also making it central to global decarbonisation strategies
