The K&L Gates global hydrogen team of lawyers and policy professionals discuss significant issues and interesting developments impacting the hydrogen market. From commercial and contractual considerations, to policy initiatives at national and local levels, to major regulatory advancements ensuring access to markets and adequacy of safety regimes, we are focused on the issues that matter to the industry.
Tax Credit Revolution: US Treasury and IRS Propose Section 45V Hydrogen Production Tax Credit Regulations
Members of the K&L Gates Hydrogen, Power, Tax, and Tax Policy teams speak with Sandi Safro Osborn, Assistant General Counsel of the Edison Electric Institute, about the proposed regulations the Treasury Department and Internal Revenue Service released on 22 December 2023 concerning the Inflation Reduction Act’s new Section 45V hydrogen production tax credit. The discussion covers details of the new rules and considers their potential impacts on the eligibility of hydrogen facilities to claim the credit. This episode of Hydrogen Rising is an edited audio version of a webinar hosted on 10 January 2023. Click here for the original webinar recording which includes presentation slides.
7 Sept 2022
Hydrogen Rising: Commercial Issues in Europe in the Development of the Hydrogen Value Chain
K&L Gates partner Tariq Fedda sits down with Hydrogen Rising co-hosts David Wochner, Partner at K&L Gates, and Sandra Safro, Associate General Counsel at the Edison Electric Institute, to discuss a range of commercial issues impacting the European hydrogen and energy markets. Tariq talks about the Renewable Energy Directive, green hydrogen, guarantees of origin, and other issues driving the commercial negotiations and contracts he is currently working on to facilitate the development of Europe’s hydrogen economy.
22 Aug 2022
The Inflation Reduction Act of 2022 - Tax Credits and Other Incentives for Hydrogen Production and Deployment
Elizabeth Crouse, partner and head of the energy tax practice at K&L Gates, discusses the hydrogen-related tax credits and incentives included in the newly-signed-into-law Inflation Reduction Act (IRA). From CI scores, to prevailing wages and apprenticeships, to the Treasury Department’s regulatory implementation process, Elizabeth breaks down what hydrogen industry participants need to know about IRA as they develop and advance new projects.
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