The impact of climate change has researchers looking for alternative means of generating electricity. Hydrogen is among one of the many possible solutions. Hydrogen can turned to electricity in a fuel cell without releasing any carbon emissions. The Inflation Reduction Act provides incentive with tax credit.
September 13, 2022 - Today's "One Minute Digest" from ELAINE on hydrogen use in generating electricity.
Business intelligence is only valuable if we can digest it. What can we get from ELAINE in one minute if we let it read articles of our choosing. Here is an understanding from ELAINE on the subject.
Key Focus -
"Hydrogen has the highest energy per mass of any fuel and does not release any carbon emissions when it is burned or turned to electricity in a fuel cell"
"But hydrogen has to be synthesized with zero carbon emissions, otherwise it's not a clean energy source."
"A tax credit tucked into Inflation Reduction Act could turbocharge the nascent clean hydrogen industry and turn it into a multitrillion-dollar business in the coming decades"
"If hydrogen is produced without releasing any carbon emissions, the tax credit is maxed out at $3 per kilogram of hydrogen produced."
"The tax credit in the IRA is available for 10 years and scales depending on how clean the hydrogen production is."
and abstractions that inspire creative thinking:
Headwind:
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Imperative:
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(hydrogen,energy,nuclear,credit)
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(hydrogen,energy,credit,inflation_reduction_act)
(hydrogen,emissions,carbon,credit)
(hydrogen,emissions,production,scales)
(energy,emissions,carbon,fuel)
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(hydrogen,carbon,energy,fuel)
(hydrogen,carbon,fuel)
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