Shares of Plug Power witnessed a significant surge driven by positive news on tax credits for clean hydrogen production in the United States. The U.S. Treasury Department introduced improved rules under the Inflation Reduction Act of 2022, aiming to strengthen the clean hydrogen industry by offering flexibility to producers while complying with emissions standards. The guidelines provide clarity for hydrogen producers utilizing renewable electricity, natural gas with carbon capture, and coal mine methane. Deputy Energy Secretary David Turk emphasized that these changes would accelerate clean hydrogen deployment, creating new economic opportunities in the sector. This development also benefited Constellation Energy, which saw a positive impact on its stock following clarified rules on tax credits for nuclear power-driven clean hydrogen production. Despite recent gains, Plug Power shares remain lower compared to the previous year. However, IndexBox market insights suggest that ongoing regulatory support and the potential expansion of clean hydrogen applications could strengthen Plug Power's market position and long-term growth prospects. The report also provides a comprehensive analysis of the hydrogen market in the U.S., covering market trends, consumption, production, price developments, and global trade. It forecasts market prospects up to 2030, offering insights for manufacturers, distributors, investors, and consultants on how to leverage the latest data, diversify business, and benefit from new market opportunities. Overall, the article highlights the positive impact of tax credit support on clean hydrogen production, signaling optimism for the growth of the clean energy sector and the market's response to regulatory changes.