The IRA includes tax credits for clean hydrogen production, but the initial guidance is "contentious," "limiting," and "not finalized." Munster suggests more relaxed rules that allow for fossil fuels from the grid to power existing electrolyzers in the short-term until a more robust renewables ecosystem is developed. The total amount of the subsidy is also unknown, ranging from $30 billion to $300 billion, which is causing companies to pause their expansion plans.
Overall, the article highlights the challenges facing the hydrogen fuel cell industry, but also suggests that a mix of BEVs and hydrogen vehicles could be a viable solution to achieve a shift to zero-emissions transportation.