The Inflation Reduction Act expanded existing credits, and enacted new credits, for energy transition projects. The credits for carbon capture, clean hydrogen and clean fuels may provide valuable economic support for natural gas, midstream and conventional power companies engaging in energy transition projects. This presentation will provide an overview of the requirements to claim these credits, how the credits may incentivize development, and how the credits can be monetized, including through elections for direct payment or sales of the credits for cash.