Insight

Unlocking the Opportunity of Low-Carbon Hydrogen: Investment, Incentives, and Collaboration

Client Alerts

June 5, 2023 • 1-minute read

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Hydrogen can play a vital role in the transition to a carbon-neutral economy, and momentum for it has never been stronger, especially since the passage of the Inflation Reduction Act. Both governments and companies see the enormous potential of low-carbon hydrogen for storing energy, for powering a wide array of applications, and for reducing greenhouse gas emissions, among other important uses.

Yet to deploy low-carbon hydrogen at scale, numerous challenges remain — from high production costs, to thin infrastructure for storage and transport, to a need for highly specialized expertise, and more.

In this new Power Play report, Vinson & Elkins looks in-depth at the complex state of play for hydrogen. Our attorneys:

  • Review the most important of hydrogen’s many “colors,” and explain the color scheme’s limits in determining the carbon footprint of hydrogen projects
  • Examine some of hydrogen’s key uses and government efforts to spur hydrogen investment and consumption, such as the Inflation Reduction Act
  • Explore obstacles in handling hydrogen and potential options for overcoming these obstacles
  • Analyze critical negotiating points in hydrogen transactions


This information is provided by Vinson & Elkins LLP for educational and informational purposes only and is not intended, nor should it be construed, as legal advice.

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