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

Also in this section
6 February 2025
US green hydrogen producer Plug Power says its new spot price programme allows buyers to purchase on-demand and without the limitations of long-term agreements
6 February 2025
This premier event is poised to address the evolving technology and investment demands of North America’s thriving chemical and pharmaceutical sectors
5 February 2025
Technology, policy and infrastructure challenges must all be addressed collaboratively to make seaborne transportation of hydrogen a reality
4 February 2025
Sector awaits clarity on tax credits and loan programmes amid mixed signals from the Trump presidency