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ARTICLE · 29 APRIL 2024

U.S. Energy & Infrastructure Update

Linklaters LLP
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Explore our U.S. Energy & Infrastructure Group's latest update covering the most critical developments impacting renewables, hydrogen and other decarbonization/energy transition...

United StatesEnergy and Natural Resources
Ron Erlichman
Ron Erlichman
Marius Griskonis
Marius Griskonis
Andrew Compton
Andrew Compton
Michael Rodgers
Michael Rodgers
Lauren Bachtel
Lauren Bachtel
Diana Jeschke
Diana Jeschke
Will Kim
Will Kim
Nicholas Atwood
Nicholas Atwood

In this issue:

  • U.S. Department of Energy and Treasury Department Advance Clean Hydrogen Incentives
  • U.S. Treasury Department and Internal Revenue Service Issue Additional Guidance Regarding Sustainable Aviation Fuel Credits
  • Continued Growth in Battery Manufacturing Incentives
  • FERC Blanket Authorizations for Investment Companies Under Review
  • New York Identifies Additional Public Policy Transmission Needs

U.S. Department of Energy and Treasury Department Advance Clean Hydrogen Incentives

The clean hydrogen sector in the U.S. is undergoing substantial transformation as a result of both the Section 45V clean hydrogen production tax credit and the clean hydrogen portion of the corresponding Section 48 investment tax credit ("Clean Hydrogen Tax Credit") established under the Inflation Reduction Act of 2022 ("IRA") and the Regional Clean Hydrogen Hubs ("H2Hubs") initiative established under the Infrastructure Investment and Jobs Act. On December 22,

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