A bill has been introduced to the Senate for hydrogen tax credits
Carbon price would make hydrogen viable – Wood Mackenzie
Accelerating development of low-carbon hydrogen before 2030 would require carbon prices above $60/t
A US carbon price of $40-60/t would make some forms of low-carbon hydrogen commercially viable by 2030, according to consultancy Wood Mackenize. Accelerating the development of the fuel faster than that would require even stronger carbon prices—potentially as high as $150/t for green hydrogen in heavy industrial applications. But putting in place a national carbon price would be politically challenging in the US and is not an idea the Biden administration has advocated. “Support for low-carbon hydrogen may have to come from multiple sources” Wood Mackenzie This means that support for low-carbon hydrogen will have to come from various different places, according to Wood Mackenize. “Su
Also in this section
6 January 2026
Shifts in government policy and rising power demand will shape the clean hydrogen sector as it attempts to gain momentum following a sluggish performance in 2025
23 December 2025
Government backing and inflow of private capital point to breakthrough year for rising star of the country’s clean energy sector
19 December 2025
The hydrogen industry faces an important choice: coordinated co-evolution or patched-together piecemeal development. The way forward is integrated co-evolution, and freight corridors are a good example
10 December 2025
Project developer Meld Energy ready to accelerate 100MW project in Humber region after securing investment from energy transition arm of private equity firm Schroders Capital
