Seizing “clean hydrogen” projects in North America: How pioneers struggle and succeed

With renewable energy expansion trending upwards, with interruptions, in North America for more than 20 years, North American electricity consumption is indeed increasingly decarbonized. Invest $9.5 billion through the “US Bipartisan Infrastructure Law”, of which $1.5 billion is directed to electrolysis projects and $8.5 billion is directed to the “Regional Clean Hydrogen Hubs program”. Offer a new clean hydrogen-specific Production Tax Credit (PTC) as part of the Inflation Reduction Act (IRA) with up to $3 per clean hydrogen kg tax incentive for projects with less than 0.45 kg CO 2 per kg of hydrogen. c. Offer $300 billion of new soft loans for hydrogen projects, including hydrogen production projects. Canada, matching some of the United States moves but being considerably more generous in CO 2 emissions allowed for tax-credited hydrogen production offers:a.