Biden Announces $7B for America’s First Clean Hydrogen Hubs

Source: www.gulfoilandgas.com 10/13/2023, Location: North America

As part of President Biden’s?Investing in America agenda, a key pillar of Bidenomics, the U.S. Department of Energy (DOE) today announced $7 billion to launch seven Regional Clean Hydrogen Hubs (H2Hubs) across the nation and accelerate the commercial-scale deployment of low-cost clean hydrogen—a valuable energy product that can be produced with zero or near-zero carbon emissions and is crucial to meeting the President’s climate and energy security goals. This historic milestone is part of the third installment of the Investing in America tour, during which?President Biden and Secretary Granholm traveled to Philadelphia, Pennsylvania,?to launch this unprecedented investment in American manufacturing and jobs.?

Funded by the Bipartisan Infrastructure Law and managed by DOE’s Office of Clean Energy Demonstrations, the seven H2Hubs will kickstart a national network of clean hydrogen producers, consumers, and connective infrastructure while supporting the production, storage, delivery, and end-use of clean hydrogen. The H2Hubs are expected to collectively produce three million metric tons of hydrogen annually, reaching nearly a third of the 2030 U.S. production target and lowering emissions from hard-to-decarbonize industrial sectors that represent 30 percent of total U.S. carbon emissions. Together, they will also reduce 25 million metric tons of carbon dioxide (CO2) emissions from end-uses each year—an amount roughly equivalent to combined annual emissions of 5.5 million gasoline-powered cars—and create and retain tens of thousands of good-paying jobs across the country while supporting healthier communities.?

The H2Hubs are a key pillar of the national clean hydrogen strategy and are aligned with the priorities of the Hydrogen Interagency Task Force, which is coordinating a whole-of-government approach to advancing clean hydrogen. These efforts include tax incentives in the Inflation Reduction Act and ongoing research, development, and demonstration (RD&D) to drive down the cost of clean hydrogen and achieve the Hydrogen Shot?goal of $1 per kilogram within a decade. The H2Hubs will build on and work in concert with ongoing RD&D efforts in DOE’s Hydrogen Program, which includes the Hydrogen and Fuel Cell Technologies Office and other offices throughout DOE.


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