The Babcock & Wilcox and Fidelis New Energy have formed a global alliance for technology to produce clean hydrogen. The alliance pairs B&W’s bubbling fluidized bed boiler technology and equipment with Fidelis’ proprietary patent-pending FidelisH2 technologies to produce zero-carbon intensity hydrogen.The FidelisH2 Alliance Program and associated technologies enable world-class scale production of clean hydrogen from natural gas with a lifecycle carbon intensity that meets the required threshold under the Inflation Reduction Act to qualify for the full USD 3-per-kilogram 45V hydrogen production tax credit. The lifecycle carbon neutral hydrogen is therefore a net-zero product, meaning that there is no net CO2 released into the atmosphere as a result of making the hydrogen.B&W’s industry leading renewable energy technologies and equipment greatly complement FidelisH2, which utilizes proven technologies from leading global companies in a novel integration to provide industrial-scale clean hydrogen solutions. This enables the generation of valuable environmental impact reductions while qualifying for related credits and incentives, including the $3-per-kilogram of hydrogen produced, the maximum allowable 45V Hydrogen Production Tax Credit included in the Inflation Reduction Act of 2022.
The Babcock & Wilcox and Fidelis New Energy have formed a global alliance for technology to produce clean hydrogen. The alliance pairs B&W’s bubbling fluidized bed boiler technology and equipment with Fidelis’ proprietary patent-pending FidelisH2 technologies to produce zero-carbon intensity hydrogen.The FidelisH2 Alliance Program and associated technologies enable world-class scale production of clean hydrogen from natural gas with a lifecycle carbon intensity that meets the required threshold under the Inflation Reduction Act to qualify for the full USD 3-per-kilogram 45V hydrogen production tax credit. The lifecycle carbon neutral hydrogen is therefore a net-zero product, meaning that there is no net CO2 released into the atmosphere as a result of making the hydrogen.B&W’s industry leading renewable energy technologies and equipment greatly complement FidelisH2, which utilizes proven technologies from leading global companies in a novel integration to provide industrial-scale clean hydrogen solutions. This enables the generation of valuable environmental impact reductions while qualifying for related credits and incentives, including the $3-per-kilogram of hydrogen produced, the maximum allowable 45V Hydrogen Production Tax Credit included in the Inflation Reduction Act of 2022.
