As reported in S&P Global Commodity Insights, green hydrogen developers in the U.S. have been closely monitoring the final rules around the “three pillars”of hourly renewable energy matching, incremental energy supply, and regional sourcing. These provisions are designed to ensure that hydrogen production does not strain existing energy systems or increase emissions.

Matt McMonagle, CEO and founder of NovoHydrogen, shared his insights on the new guidance for Section 45V in the article. He emphasized how NovoHydrogen’s approach to co-developing behind-the-meter (BTM) renewable energy systems helps mitigate both timing and cost challenges typically associated with grid connections.

“Many of Novo’s projects co-develop behind the meter or BTM renewables that physically power our electrolyzers in order to avoid both timing and cost constraints when connecting to the grid and, therefore, do not compete with other grid-connected loads like AI data centers,” McMonagle explained.

This approach aligns with the final 45V guidance, offering a scalable and sustainable pathway for electrolytic hydrogen production in the U.S.

Read the full article here [paywall]: US Hydrogen Tax Rules Offer Flexibility to Electrolytic Hydrogen in Energy Procurement Certification