In the transportation sector, light . The U.S. Department of Energy (DOE) provides grants for transportation decarbonization research projects. Find information about several other incentives related to hydrogen and fuel cells . See Notice 2022-39 PDF for information on how to . 5 Thus, we expect the share of ZE trucks in operation to grow from less than 1 percent today to more than 75 percent in 2050 for all medium- and heavy-duty trucks. These incentives will increase the demand for clean hydrogen throughout the transportation sector. This appears to be the same credit that expired at the end of . AFV fueling or charging infrastructure can be exclusively for the school fleet or students, or open to the public. Updated guidance, effective April 18, 2023, helped clarify the rules for cars entering service in 2023. The U.S. Department of Transportations Federal Transit Administration administers the Public Transportation Innovation Program. The U.S. Department of Energy (DOE) provides grants or loan guarantees through the Loan Guarantee Program for the domestic production of efficient hybrid vehicles, plug-in hybrid electric vehicles, all-electric vehicles, and hydrogen fuel cell electric vehicles,. The following Residential Clean Energy Tax Credit amounts apply for the prescribed periods: Fuel cells are important enabling technology for the hydrogen economy and have the potential to revolutionize the way we power our nation, offering cleaner, more-efficient alternatives to the combustion of gasoline and other fossil fuels. (Reference Public Law 112-95 and 49 U.S. Code 47136a), The U.S. Department of Transportation (DOT) must establish a competitive grant program to strategically deploy publicly accessible electric vehicle charging and hydrogen, propane, and natural gas fueling infrastructure along designated DOT Federal Highway Administration AFCs. Eligible applicants include metropolitan planning organizations; U.S. territories; special purpose districts and public authorities; and state, local, and tribal governments. Extends tax credit to property placed into service before 2033, Increases the tax credit to 30% of the cost of alternative fuel refueling property up to $100,000 (previously $30,000), Eliminates the restriction to allow for the credit to be used only once so that taxpayers who install qualified equipment at multiple sites are allowed to use the credit toward each site location. For more information about claiming the credit, see IRS Form 8911, which is available on the IRS Forms and Publications website. Powering the transition to zero-emission trucks through infrastructure
