The US has relaxed its rules for producing green hydrogen, aiming to boost the renewable energy sector. Green hydrogen is a low-carbon fuel made from water and electricity. To produce it, companies need to invest in electrolysis technology, which can be expensive.
The new regulations allow companies to use cheaper alternatives, such as gas turbines or other power sources. This change aims to make green hydrogen production more competitive with fossil fuels. The US government hopes that this move will encourage investment in the sector and help reduce greenhouse gas emissions.
However, some experts warn that the relaxed rules could lead to a surge in production without proper regulation, resulting in increased emissions. The US is part of a global effort to promote low-carbon energy sources and mitigate climate change.
Source: https://www.ft.com/content/38c519c3-1fe9-4d2c-9d8c-6dd158ab35aa