[Federal Register Volume 89, Number 193 (Friday, October 4, 2024)]
[Notices]
[Pages 80898-80899]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2024-22961]
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DEPARTMENT OF ENERGY
Notice of Availability of the 45V Emissions Value Request Process
AGENCY: Office of Energy Efficiency and Renewable Energy, Department of
Energy.
ACTION: Notice of availability.
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SUMMARY: The U.S. Department of Energy (DOE) hereby provides notice of
availability of the Emissions Value Request Process in support of the
U.S. Department of the Treasury's (Treasury) and Internal Revenue
Service's (IRS) administration of the section 45V Credit for Production
of Clean Hydrogen.
ADDRESSES: The Department of Energy's Emissions Value Request Process
for use in obtaining an emissions value in support of a petition for a
provisional emissions rate (PER) is located at: https://www.energy.gov/eere/45VEmissionsValueRequest.
FOR FURTHER INFORMATION CONTACT: Questions may be addressed to Karen
Dandridge at [email protected] or (202) 586-3388.
Communication via email is preferred.
SUPPLEMENTARY INFORMATION: As part of the Inflation Reduction Act of
2022 (Pub. L. 117-169), Congress created a tax credit for clean
hydrogen production (Internal Revenue Code section 45V). The amount of
the credit is determined, in part, by the lifecycle greenhouse gas
emissions rate of the hydrogen production process. On December 26,
2023, Treasury issued a notice of proposed rulemaking (NPRM) on how to
claim the credit. (88 FR 89220). As provided in the proposed rule,
hydrogen producers intending to claim the tax credit must determine the
emissions rate of their hydrogen production process under the 45VH2-
GREET model or by petitioning the IRS for a PER. Hydrogen producers
whose lifecycle greenhouse gas emissions rate cannot be
[[Page 80899]]
determined under the 45VH2-GREET model may request an emissions value
from DOE, and may then use this emissions value to file a petition with
the IRS for determination of a PER. On April 11, 2024, Treasury issued
a supplemental notice of proposed rulemaking to invite comment on the
information collection proposed for DOE's Emissions Value Request
Process. (89 FR 25551). DOE and Treasury have considered the comments
received, and DOE is now announcing the opening of the Emissions Value
Request Process.
Signing Authority: This document of the Department of Energy was
signed on September 27, 2024, by Jeffrey Marootian, Principal Deputy
Assistant Secretary for Energy Efficiency and Renewable Energy,
pursuant to delegated authority from the Secretary of Energy. That
document with the original signature and date is maintained by DOE. For
administrative purposes only, and in compliance with requirements of
the Office of the Federal Register, the undersigned DOE Federal
Register Liaison Officer has been authorized to sign and submit the
document in electronic format for publication, as an official document
of the Department of Energy. This administrative process in no way
alters the legal effect of this document upon publication in the
Federal Register.
Signed in Washington, DC, on October 1, 2024.
Treena V. Garrett,
Federal Register Liaison Officer, U.S. Department of Energy.
[FR Doc. 2024-22961 Filed 10-3-24; 8:45 am]
BILLING CODE 6450-01-P