Section § 25664

Explanation

This law states that hydrogen projects are eligible for financial incentives if they use hydrogen made from water, as long as the energy source is renewable and defined as eligible. Essentially, if a hydrogen project gets its energy from approved renewable sources, it can get financial support.

For purposes of this article, hydrogen projects that produce, process, deliver, store, or use hydrogen derived from water using eligible renewable energy resources, as defined in Section 399.12 of the Public Utilities Code, or produced from these eligible renewable energy resources, shall be eligible for financial incentives pursuant to this article.

Section § 25664.1

Explanation

This law section mandates the establishment of a Hydrogen Program by the commission to provide financial incentives for hydrogen projects in California. Its aim is to boost production, processing, delivery, storage, and use of hydrogen. These incentives can also serve as matching funds for grantees under a specific U.S. federal program. The commission will set guidelines to ensure incentives don't replace existing credits and will fund projects that lower emissions. Projects will be prioritized if they benefit diverse regions and improve air quality, equity, health, and workforce conditions.

(a)CA Public Resources Code § 25664.1(a) The commission shall establish and administer the Hydrogen Program pursuant to this article to provide financial incentives to eligible in-state hydrogen projects for the demonstration or scale-up of the production, processing, delivery, storage, or end use of hydrogen consistent with Section 25664.1.
(b)CA Public Resources Code § 25664.1(b) Financial incentives provided pursuant to this article may be used as matching funds by selected entities that have received a grant pursuant to Section 16161 of Title 42 of the United States Code.
(c)CA Public Resources Code § 25664.1(c) The commission may establish project eligibility and other guidelines for purposes of this article.
(d)CA Public Resources Code § 25664.1(d) The commission shall include in the guidelines or project requirements that the financial incentives received pursuant to this article do not supplant or result in duplicative offset credits, renewable energy credits, or other forms of compliance credits.
(e)CA Public Resources Code § 25664.1(e) The commission shall only provide financial incentives to eligible projects that help reduce sector-wide emissions, as determined by the commission.
(f)CA Public Resources Code § 25664.1(f) The commission shall prioritize eligible projects that benefit geographically diverse areas of the state.
(g)CA Public Resources Code § 25664.1(g) The commission shall prioritize eligible projects that maximize air quality, equity, health, and workforce benefits.