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CBAM Ignites New Era of Equitable Contest in Europe

Hydrogen Fuel News

Incentivizing Green Hydrogen: The CBAM could incentivize the production of green hydrogen , which is produced using renewable energy sources and emits no carbon dioxide. It ensures that all hydrogen producers, regardless of their location, face similar production costs in terms of carbon pricing.

Europe 77
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Treasury Department Unveils Final Rule Regarding Transferability of Clean Energy Tax Credits

38 North Solutions

For example, a project owner could complete a sale of 2023 tax credits as late as September 15, 2024 if the seller is a partnership, or October 15, 2024 if the seller is a corporation or individual. For additional information and questions, feel free to reach out to the 38 North team. [1]

Energy 69
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UK’s Power Sector in Negative Emissions by 2033, Grid Operator Says

GreenTechMedia

The country will also need to get at least 21 percent of its end-user energy from green hydrogen, and perhaps much more, the report says. The results of consultations on the funding of new nuclear power are also expected soon. It hopes to start storing CO2 in 2024, with a blue hydrogen plant in production in 2025.

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Renewables overtake fossil fuels in 2020 as Britain's power grid enjoys 'greenest year' yet

Business Green

Another record year for renewables saw clean power sources overtake fossil fuels on Britain's grid for the first time in 2020, but new nuclear and emerging technologies such as hydrogen and bioenergy carbon capture and storage are likely to be required to deliver a fully decarbonised energy system.

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Arizona Utility APS Charts 15-Year Plan on Its Way to Zero-Carbon Energy by 2050

GreenTechMedia

More immediately, the utility aims for 2030 goals of 45 percent renewable electricity, with the Palo Verde nuclear power plant bringing the tally up to 65 percent carbon-free power. Through 2024, APS plans to add 962 megawatts of renewable energy to its current 1,700 megawatts, as well as 850 megawatts of energy storage.

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Fresh U.K. Proposals Chase More Nuclear and Higher Carbon Prices

GreenTechMedia

government’s long-awaited energy white paper is out with confirmation of fresh negotiations with EDF over a new nuclear power station and a drive to push up the price of carbon. The white paper estimates that demand for low-carbon power will double, leaving the country with “overwhelmingly decarbonized power in the 2030s."

Carbon 130
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Experience La French Fab, enter the world of French industry!

Smart Energy International

Simplified installation procedures and new tax credit One of the aims of France 2030 was to encourage innovation in the areas of nuclear power, green hydrogen and other renewable energies. A new tax credit, C3IV, will be put in place as early as 2024 for businesses that decide to invest in green industries.