Archive · 13 Aug 2025
Thyssenkrupp Nucera Revises US Green Hydrogen Plans
Thyssenkrupp Nucera, a company that makes things for green hydrogen, is changing its plans in the United States.
They're taking a look at projects because of new rules about taxes and spending that make it harder to build these projects.
The CEO said some projects are not likely to happen anymore because of the new rules.
Some projects may still get funding if they start building before a certain date.
The company is still positive about green hydrogen.
If the projects in the U.S. don't work out, they will use their resources in a different way.
Thyssenkrupp Nucera is reassessing its U.S. green hydrogen projects.
CEO Werner Ponikwar cited unfavorable changes in U.S. tax and spending policies.
The company is evaluating project feasibility after new legislation eliminated some tax credits.
Projects that start construction before the end of 2027 may still receive funding.
The company will use U.S. resources for other purposes if projects fail.
- Who
- Thyssenkrupp Nucera, CEO Werner Ponikwar
- What
- Thyssenkrupp Nucera is reconsidering its U.S. green hydrogen projects.
- When
- Announced on Wednesday, August 13th
- Where
- United States
- Why
- Due to unfavorable changes in U.S. tax and spending legislation, specifically the elimination of certain tax credits.
Company's Actions
US Policy Impact
Funding Eligibility
Company's Actions
Phasing out of renewable energy tax credits makes projects less feasible
US Policy Impact
Projects may receive funding if started by a certain date
- Company
- Thyssenkrupp Nucera
- CEO
- Werner Ponikwar
- Issue
- U.S. projects
- Reason for change
- Changes to US Tax Credits
- Deadline for funding
- Projects starting construction before end of 2027