The US could lose its leading position as a pole for hydrogen investment if it introduces additionality clauses
No to additionality for US tax credits – FCHEA
Trade association warns additionality requirements will push costs of green hydrogen up and disincentivise investment in the US
More than 50 companies and trade associations have signed an open letter written by the Fuel Cell and Hydrogen Association (FCHEA) to the US Treasury arguing against additionality requirements for green hydrogen projects to qualify for tax credits. The Treasury is mulling the inclusion of additionality and temporal correlation with renewable electricity generation in its guidance for the clean hydrogen production tax credit. The FCHEA argues lifecycle emission calculations should use market-based mechanisms such as renewable energy credits, power-purchase agreements (PPAs), or energy attribute certificates (EACs) without any requirements for projects to be connected to new, purpose-built ren
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