ANALYSIS | Why the US climate bill may be the single most important moment in the history of green hydrogen | Recharge (rechargenews.com)
Who is to say what indirect or direct benefits Pyro may be able to derive from this..
According to a recent Hydrogen Europe report, the price of green hydrogen would have to fall below €1.50 ($1.53) per kilogram in its most pessimistic scenario for green steel to become cost-competitive with steel made using highly polluting fossil fuels.
So a green hydrogen price below $1/kg might immediately stimulate demand for green steel, and could do so in other industrial sectors such as cement and glass-making.
The lower price might even make hydrogen-powered road transport more financially attractive, particularly as the IRA — which is expected to be passed by the House of Representatives and signed into law by President Joe Biden within the week — contains subsidies of up to $7,500 for fuel-cell cars and up to $40,000 for fuel-cell trucks (although battery electric vehicles are also eligible for the same funding).