Jul 5, 2023
Demand-side initiative will help advance Regional Clean Hydrogen Hubs and support President Biden’s Investing in America agenda.
The U.S. Department of Energy (DOE) has announced its intention to invest up to $1 billion in the Regional Clean Hydrogen Hubs (H2Hubs) as part of President Biden's Investing in America agenda. This initiative, funded by the Bipartisan Infrastructure Law, aims to establish a national clean hydrogen network to reduce emissions in energy-intensive sectors. U.S. Secretary of Energy, Jennifer M. Granholm, emphasized the collaboration between the government and industry to ensure market certainty for clean hydrogen. Clean hydrogen can generate significant economic benefits, potentially adding 100,000 jobs by 2030. The initiative will provide revenue certainty for hydrogen producers and confidence for end users. The DOE seeks public input on the program's design and will later announce the selection of six to 10 H2Hubs, with a combined funding of up to $7 billion, marking one of the largest clean energy investments in history.
Read the full Notice of Intent and Request for Information here.
More information can be found on their website: https://www.energy.gov/articles/biden-harris-administration-jumpstart-clean-hydrogen-economy-new-initiative-provide-market