Alternative fuel and fuel economy legislation from the U.S. Department of Energy dates to the Clean Air Act of 1970. In just the past six months, nearly a dozen programs and incentives have been added or updated for alternative fuels. Take a look at the complete list here. Here is a summary of those related to convenience stores:

Bioeconomy Development Programs – added Jan. 5, 2024

  • Provides grants for the research and development of biofuels, sustainable aviation fuel, and related products. Eligible applicants include universities, governments, and commercial entities.

Alternative Fuel Infrastructure Tax Credit – updated Jan. 19, 2024

  • The Alternative Fuel Vehicle Refueling Property Credit is for fueling property installed in qualified locations through Dec. 31, 2032. Eligible fueling equipment includes natural gas, propane, hydrogen, electricity, E85 or biodiesel blends. Specified businesses and consumers are eligible for tax credits.

Clean Hydrogen Production Tax Credit – added Jan. 9, 2024

  • A tax credit of up to $3 per kilogram of clean hydrogen produced. Projects that meet wage and apprenticeship requirements may receive an increased tax credit.

Hydrogen Fuel Cell EV and Equipment Infrastructure Research and Deployment Grants – added Jan. 9, 2024

  • Provides grants of up to $10 million for research, development, demonstration and deployment of affordable clean-hydrogen technologies. Requires a community benefits plan addressing project diversity equity, inclusion and accessibility.

Rural EV Charging Station Business Loan Guarantees – added Jan. 9, 2024

  • Provides loans guarantees for the purchase and development of land, buildings and associated infrastructure for EV charging station equipment for commercial or industrial use, retail and public use. Individuals, commercial entities, non-profit organizations, and governments are eligible.

Electric Vehicle and Fuel Cell Electric Vehicle Manufacturing Grants – added Nov. 1, 2023

  • Provides grants of up to $500 million for the domestic production of hybrid, plug-in electric hybrid, plug-in electric drive, and hydrogen fuel cell electric vehicles and components. Funding prioritizes projects that address the conversion of manufacturing facilities that have or soon will cease operation.