The IRS released Notice 2025-37, which includes updates on tax credits related to producing electricity at a qualified nuclear power facility, producing qualified clean hydrogen, and producing clean transportation fuel. Each section (45U, 45V, 45Z) provides income tax credits, with credit amounts adjusted annually for inflation. For Section 45U (Zero-Emission Nuclear Power Production Credit), the inflation-adjusted credit amount is determined based on an inflation adjustment factor and includes base and reduction amounts. Section 45V (Production of Clean Hydrogen Credit) outlines credit amounts per kilogram of hydrogen produced, based on lifecycle emissions ranging from 12.7 to 63.7 cents. Section 45Z (Clean Fuel Production Credit) provides credit amounts for sustainable aviation fuel and alternative fuel based on transportation fuel sold in 2025. The updates aim to promote the production of clean energy and environmentally friendly transportation fuel by providing incentives through tax credits. The Holland & Knight Energy Tax Team is available for further clarification and assistance regarding these credits. Readers are advised to seek professional advice for utilizing these tax credits effectively in the context of evolving legal frameworks and changing jurisdictional laws.