This special interest group is for professionals to connect and discuss all types of carbon-free power alternatives, including nuclear, renewable, tidal and more.

Post

FCHEA Lauds Historic Support for Hydrogen in Inflation Reduction Act of 2022

image credit: US
Charley Rattan's picture
World Hydrogen Leader Charley Rattan Associates

UK based offshore wind & hydrogen corporate advisor and trainer; Faculty member World Hydrogen Leaders. Delivering global hydrogen and offshore wind corporate investment advice, business...

  • Member since 2019
  • 3,462 items added with 2,312,685 views
  • Aug 16, 2022
  • 366 views

FCHEA Lauds Historic Support for Hydrogen in Inflation Reduction Act of 2022

Legislation Will Accelerate Investment in Critical Hydrogen and Fuel Cell Sector

 

(Washington, DC) – August 16, 2022 – Today, President Joe Biden will sign the Inflation Reduction Act of 2022 into law, undertaking an historic national investment in clean energy technologies and solutions, including hydrogen and fuel cells. This legislation includes a suite of tax provisions and funding opportunities that will enable monumental investments in hydrogen and fuel cell technologies, fostering economic growth and encouraging decarbonization across a wide range of sectors of the American economy.

 

“Through continuous outreach across our broad membership, the Fuel Cell and Hydrogen Energy Association (FCHEA) has long been leading the charge working with Congress and the Administration to develop the policy tools necessary to advance the American hydrogen sector,” said FCHEA President and CEO Frank Wolak. “We are thrilled by the passage of this bill, as the robust clean energy package, including the crucial new clean hydrogen production tax credit, will accelerate investment in an emerging hydrogen economy, helping our nation achieve its decarbonization goals, while supporting domestic jobs and manufacturing.”

 

“With the Infrastructure Investment and Jobs Act, and now the passage of the Inflation Reduction Act, our industry is positioned to support expanded clean hydrogen production and utilization for transportation, energy storage, power generation, industrial applications, and more,” added Mr. Wolak. “FCHEA member companies will continue to lead the way in our growing hydrogen economy, building on the foundation these policies provide and driving deployment.”

 

“FCHEA looks forward to continuing to work with Congress and the Administration to implement these new credits and policies and ensure the United States remains an innovative hydrogen technology leader in driving a prosperous economic and environmental future,” added Mr. Wolak.

 

#####

 

 

Charley Rattan's picture
Thank Charley for the Post!
Energy Central contributors share their experience and insights for the benefit of other Members (like you). Please show them your appreciation by leaving a comment, 'liking' this post, or following this Member.
More posts from this member
Discussions
Spell checking: Press the CTRL or COMMAND key then click on the underlined misspelled word.

No discussions yet. Start a discussion below.

Get Published - Build a Following

The Energy Central Power Industry Network is based on one core idea - power industry professionals helping each other and advancing the industry by sharing and learning from each other.

If you have an experience or insight to share or have learned something from a conference or seminar, your peers and colleagues on Energy Central want to hear about it. It's also easy to share a link to an article you've liked or an industry resource that you think would be helpful.

                 Learn more about posting on Energy Central »