Prediction Partly held up AI assessment confidence: 92% certainty 3/5 debate potential 3/5

US hydrogen rules will likely adopt three pillars with phase-ins

Adi Basham · The high stakes debate over green hydrogen · Aug 3, 2023 · at 11:23

Adi Basham, clean hydrogen analyst at BloombergNEF, discusses expected Treasury Department guidance for Section 45V clean hydrogen tax credits under the Inflation Reduction Act.

0:00 / 0:24exact quote · 24.1s
720p mp4 · rendered on demand · StarZero watermark
“The U.S. Guidance is likely to follow these three pillars that are outlined on additionality, temporal matching, and deliverability or geographic correlation with some sort of phase in, particularly on the requirement for additionality, so for new renewable energy resources, and on hourly matching so maybe starting with something more looser on the temporal correlation side, something like annual or monthly.”

quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →

More from Adi Basham

Assertion Not checkable as stated
Unregulated grid-powered hydrogen could double emissions compared to fossil fuels
“Without any restrictions on hydrogen production from grid electricity, the emissions of hydrogen production in the U.S. Could be double that from producing just hydrogen from fossil fuels directly.”
Adi Basham Aug 3, 2023 ▶ 3:13 The high stakes debate over green hydrogen
Assertion Not checkable as stated
Unregulated grid-powered hydrogen would add 200 million metric tons of CO2
“The worst case is really that there's really no requirements for hydrogen production from grid electricity, which means, in the end, you end up creating more emissions than what fossil hydrogen production is already creating today. So let's say the U.S. Actual…”
Adi Basham Aug 3, 2023 ▶ 9:37 The high stakes debate over green hydrogen
Prediction Open · timeframe Dec 2030
Green hydrogen will become cheaper than blue hydrogen by 2030
“If we scaled it up to potentially hundreds of gigawatts by the end of the decade and going further, we expect the cost of that equipment to decline by 50, 60, or 70% or so, which really drives cost reductions of Green or renewable hydrogen below the cost of pr…”
Adi Basham Aug 3, 2023 ▶ 14:56 The high stakes debate over green hydrogen
Prediction Open · timeframe Dec 2050
Hydrogen electrolyzers could consume one-third of global power by 2050
“By twenty-fifty, under a net zero scenario, electrolyzers producing hydrogen take up a third of all electricity demand almost, just to power power themselves to produce hydrogen. So all of global, a third of all global electricity demand.”
Adi Basham Aug 3, 2023 ▶ 16:12 The high stakes debate over green hydrogen
Assertion Supported
BNEF estimates over $120 billion in subsidies for announced hydrogen projects
“We estimated, I think, over a hundred twenty billion dollars in subsidies that could go to all the announced clean hydrogen projects.”
Adi Basham Aug 3, 2023 ▶ 2:53 The high stakes debate over green hydrogen
Assertion Supported
Air Products backs strict hydrogen rules while Plug Power opposes them
“Companies were really interested in producing large volumes of clean hydrogen, like air products, and manufacturers of electrolyzers like electric hydrogen have come out in favor of very stringent standards on, on hydrogen production. Whereas others, like Plug…”
Adi Basham Aug 3, 2023 ▶ 8:41 The high stakes debate over green hydrogen
Made with StarZero

Turn any episode into a week of clips.

This entire site, over 100 episodes transcribed, diarized, checked and made playable, runs on the StarZero media pipeline. Drop in your own episode and the podcast clipper finds the moments worth sharing, cuts them, captions them, and reframes them for every feed.