Thyssenkrupp Nucera: key U.S. hydrogen regulation may be delayed further

thyssenkrupp nucera AG & Co KgaA

13/08/2024 07:43

FRANKFURT, Aug 13 (Reuters) - Vital regulation to govern
tax credits for green hydrogen in the United States may not be
released before the upcoming presidential election in November,
the chief executive of Thyssenkrupp Nucera  NCH2.DE  told
analysts on Tuesday.
    "What we hear in the market is actually that the likelihood
that it will be released before the elections is very low,"
Werner Ponikwar said after the release of final third-quarter
results.
    "And again I think this is one of those uncertainties that
makes it for us very difficult to predict also how projects will
move ahead in next year."

 (Reporting by Christoph Steitz, Editing by Rachel More)
 ((christoph.steitz@thomsonreuters.com; +49 30 220 133 647;))