45v | Nel Hydrogen

U.S. Clean Hydrogen Tax Credit (45V)

- A Strategic Opportunity for Texas and the Nation

Defend Section 45V. Secure U.S. Energy Leadership.

Texas is at the Centre of the U.S. Hydrogen Revolution

Texas is poised to lead the world in low-carbon hydrogen production and exports. Federal support—particularly Section 45V of the Inflation Reduction Act—is driving massive private-sector investment in the Lone Star State.

HyVelocity Hub: Anchored in Houston, backed by $1.2B in federal funds, with major partners including Chevron, ExxonMobil, Air Liquide, and the University of Texas.
Ports of Houston and Corpus Christi: Emerging clean hydrogen corridors for domestic use and global export.
Workforce transition: Hydrogen investments are upskilling Texas’s existing energy workforce, not displacing it.

Section 45V: Pro-Business, Pro-Jobs, Pro-Texas

45V is a performance-based, technology-neutral tax credit for clean hydrogen production—rewarding the cleanest, most efficient projects. It:

Creates long-term jobs in construction, operations, and manufacturing
Drives private capital investment—not public handouts
Supports energy security by anchoring clean fuel production in U.S. states like Texas
Keeps the U.S. competitive as the EU, Japan, and China accelerate their hydrogen industries

Weakening or delaying 45V risks sending clean hydrogen investment and jobs overseas.

What's at stake for Texas?

Metric	Impact
Project pipeline	$10+ billion in expected private investment
Direct jobs	50,000+ by 2030 (estimate)
Key employers	ExxonMobil, Air Liquide, Chevron, OCI, BP
Industrial sectors impacted	Refining, petrochemicals, shipping, manufacturing
Export potential	Gulf Coast hydrogen and ammonia corridors

What We Ask of Senator Cornyn

Support the continued implementation of Section 45V as passed in the IRA—without delays, rollbacks, or additional constraints that would create regulatory uncertainty or investment hesitation.

Texan companies are building the future of American energy. 45V gives them the certainty to invest and grow.