The Joe Biden Inflation Reduction Act is starting to have a supporting effect on green hydrogen costs. A $3-per-kg tax credit has now been applied to hydrogen made from new-build solar/wind projects. This is a large subsidy that could make green hydrogen compete with diesel and gasoline at the filling stations. UK needs to do something similar because the hydrogen price in Birmingham, at £23/kg is not competing right now. The target retail price is £10/kg. A US snag is that the new solar/wind installations must be connected to the same grid as the hydrogen site.
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