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KPM Weekly - Issue 07 (Feb. 17, 2025)

The team looks at Australia’s new legislation (dubbed by some as the Aussie IRA), which will provide tax credits for green hydrogen production and critical minerals processing. The report also focuses on the mild hybrid controversy around its decarbonisation contribution and classification as an electric vehicle; and on how tariffs may help unlock green hydrogen global trade, if used appropriately.

This week’s Q&A is with Ravi Prasher, chief technology officer at Bloom Energy, a US-based developer of solid oxide technology for distributed generation of electricity and hydrogen. As usual, the KPM Weekly report also provides a recap on relevant news across the new energy and e-mobility industries, hydrogen production pricing estimates, data on EV sales, and China’s trade flows of battery raw materials.