We recently attended a hydrogen-focused conference in Houston
and came away with two major impressions:
First, the US green hydrogen market is perceived to be in a
holding pattern as interested parties work through regulatory
uncertainty stemming from the new Trump administration and its
approach to section 45V tax credits, which would support green
hydrogen project development.
Second, many hydrogen market players remain resilient and
patient in their dedication to developing the hydrogen ecosystem
and finding ways to progress the greater hydrogen value chain in
spite of the regulatory uncertainty and related market
challenges.
These trends match our recent experience advising on hydrogen
matters. One green hydrogen pathway is evolving to take the lead:
green hydrogen projects with green ammonia as the end product or
"hydrogen-derivative." Recent examples include Woodside
Energy's acquisition of OCI Global's clean ammonia project
in Beaumont, Texas, and
