Vinson & Elkins Sean Moran and Lauren Collins Discuss the Evolution of Tax Credits
Navigating Clean Hydrogen Tax Credits: Insights and Implications - Energy Law Insights
Overcoming Energy Conversion Challenges With Jason Barmann, EPC Power Corp — Battery + Storage Podcast
The Future of the Hydrogen Industry
H2Oklahoma: Interview With Secretary Ken Wagner - Reflections on Water Podcast
The New Energy Economy: Alberta's Hydrogen Potential
Energy & Infrastructure: Renewables Driving Change in the Investment Landscape
Welcome to our sixth issue of Currents 2025. We are covering a multitude of issues in this edition, but we want to pass along a couple of announcements first. Again, thank you for reading! Amazon and Pennsylvania Join the...more
On June 16, the Senate Finance Committee released its version of the tax provisions of the Reconciliation Bill. Like the House version (H.R. 1) passed on May 22, the Senate version targets solar and wind tax incentives for...more
After the German federal government break-up in November 2024 and the new elections in February 2025, the political parties – Christian Democratic Union of Germany (CDU)/ Christian Social Union in Bavaria (CSU) and Social...more
After the February election, Germany's energy transition is at a critical turning point. With the just announced coalition agreement between the CDU/CSU (Christian Democratic Union) and the SPD (Social Democratic Party),...more
June 26, 2024: Infintium Fuel Cells, a manufacturer of a variety of hydrogen power cells with a maximum power of 35kWh, which act as an alternative to electric batteries, enabling businesses in the material handling industry...more
Green hydrogen is often hailed as a critical part of the low-carbon energy future – and Africa as the continent where that future will be realised. But while the opportunity for Africa is clear, the task of maximising its...more
When it comes to renewable energy, hydrogen is hailed as a pivotal resource in the zero-carbon game plan. Hydrogen energy is accessible, produces lower greenhouse gas emissions and can use existing gas infrastructure to power...more
The European Commission (EC) is in the process of implementing its “Union database” (UDB) to track all renewable gases and liquid fuels. Gases and fuels, whether produced in the EU or imported, will need to be registered in...more
On December 22, 2023, the Department of Treasury and Internal Revenue Service (collectively, “IRS”) proposed new regulations for the Inflation Reduction Act’s (“IRA”) Hydrogen Production Tax Credit (“PTC”), otherwise known as...more
There is huge interest in the development of green hydrogen projects in Africa, building on the continent’s vast potential for renewable energy. But are these the right projects to achieve success, both for investors and for...more
Section 48 of the Internal Revenue Code of 1986, as amended (the “Code”) provides for an investment tax credit (“ITC”) for certain energy property. The Inflation Reduction Act of 2022 (the “IRA”) amended Section 48 in several...more
As the appetite for giga-scale low-carbon hydrogen projects grows, major questions arise about what it takes to actually get these projects financed, built and into production at a speed and on a scale needed to meet Net Zero...more
The UAE published its long-awaited hydrogen strategy last week, aiming to outline the key steps needed to position the UAE as a top global producer of low carbon hydrogen by 2031 and to support the UAE’s announced target of...more
Although reliance on coal has been declining, even in 2021, coal still supplied over 10% of the United States’ energy consumption, according to the EIA. But, in a matter of approximately 15 years, many hope that Verne’s...more
Asian countries have predominantly relied on coal and natural gas to meet their electricity demands, but the landscape is rapidly evolving. Many Asian countries have committed to ambitious net-zero and decarbonisation goals....more
Germany has finally published draft guidance on the long-awaited (Carbon) Contracts for Difference (or "CfD"). The first CfDs, previously announced in the European1 and German National2 Hydrogen Strategies of 2020, are...more
The United States recently took another important step in implementing a comprehensive strategy to advance the production, processing, delivery, storage, and use of clean hydrogen. On June 5, 2023, the Biden-Harris...more
The U.S. Senate on Wednesday voted to repeal President Joe Biden's suspension of tariffs on solar panels from four Southeast Asian nations, a measure aimed at supporting the small domestic manufacturing industry....more
Green hydrogen is increasingly viewed as the key to decarbonising hard-to-electrify sectors such as transportation and heavy industry. With governments announcing ambitious hydrogen policies as part of their net zero...more
Governor Newsom signs sweeping climate legislation - ABC News – September 16 - Governor Gavin Newsom on September 16 signed a package of bills to expand California's reliance on clean energy and reduce carbon emissions...more
In the wake of increasing inflation and as a means of codifying several of the Biden administration’s legislative priorities, the Senate passed the $750 billion Inflation Reduction Act on August 7, 2022 (the “Act”), by a...more
As green hydrogen production becomes a global endeavor, many countries are vying to become hubs for the production of clean-burning fuel. Among them, Egypt has signed a number of agreements over the last year with...more
The Inflation Reduction Act of 2022, passed by the Senate on August 7, 2022, includes a number of provisions projected to result in significant investments in domestic energy production and manufacturing, and reduce carbon...more
The Inflation Reduction Act of 2022 (the Act) runs 725 pages and includes numerous energy tax provisions aimed at enhancing US energy security. The Act, if enacted, would extend and expand the renewable and alternative...more
In response to Russia’s military actions in Ukraine, European and other western States have imposed wide-ranging sanctions on Russian businesses and individuals. Europe’s heavy reliance on Russian oil and gas has been at the...more