The U.S. Treasury Department intends to release guidance on how to access tax credits for hydrogen production under the 2022 Inflation Reduction Act later this week, according to two sources familiar with the matter.
The long-awaited guidance will provide a pathway for hydrogen produced using nuclear power to access the credits, the sources told Reuters, though the details of that plan were not immediately clear.
One of the sources said the guidance would likely be released on Friday.
A spokesperson said the Treasury Department was working to finalize the guidance and that the agency was considering various requests related to the rules.