Projects selected for tax credits under the Qualifying Advanced Energy Project Tax Credit (48C), funded by President Biden’s Inflation Reduction Act, span across large, medium, and small businesses and state and local governments, all of which must meet prevailing wage and apprenticeship requirements to receive a 30% investment tax credit.

The hydrogen market is now transitioning from a speculative investment area to a sector with tangible commercial applications and real-world implementations.

The conflagration erupted late last month, the largest wildfire in Lone Star State history. The fire was largely contained as of yesterday afternoon.

The US Administration's 2025 budget request includes nearly USD1.6 billion for the Department of Energy's Office of Nuclear Energy,

The Turkish government has decided that Rosatom will build the country’s second NPP,

The reality is that large-scale wind and solar power cannot exist without large-scale, long-term low-cost energy storage. There is no technology that can provide this.

But there has been no organized market for hydrogen. That is the mission of the new consortium. It will be funded initially by the DOE, which has allocated $8 billion for hydrogen and pledged about $1 billion each to the seven hubs — some get a little more and some a little less. The remaining funding is available to the consortium for market creation.

According to the French Economy Ministry: "This cooperation will concern, among other things, the nuclear construction programmes envisaged in the two countries, the analysis of new technologies such as small modular reactors or advanced technology reactors, the development of a European supply chain, the fuel cycle, nuclear power and the strengthening of nuclear training courses within the two countries."

Digitalization in the energy sector entails automating business processes and workflows, resulting in increased efficiency and cost reduction.

Europe risks losing out to China and the US in the race to supply the technologies needed to roll out renewables and slash industrial emissions.