The US Treasury Department is preparing to release guidance on how to access tax credits for hydrogen production under the 2022 Inflation Reduction Act. This guidance, long-awaited by industry players, will offer a pathway for hydrogen produced using nuclear power to access the credits. The move is expected to facilitate the expansion of hydrogen production in the country and support efforts to promote clean energy technologies. The guidance release is anticipated to occur later this week, with industry stakeholders eager to capitalize on tax incentives for hydrogen production. The initiative reflects the government's focus on incentivizing the development and utilization of hydrogen as a key component of its sustainable energy strategy.