Other Brands

Media Hub

Media Hub

CEO Forums

Podcasts

Power Panels

Tech Talks

Technology Showcases

Webinars

Event Interviews

Other Brands

Logo

Trustworthy coverage of the transformer and transformer-related industries.

Visit Website
Logo

Trustworthy coverage of the transformer and transformer-related industries.

Visit website

DOE Announces $2.2 Billion in Funding for Clean Hydrogen Hubs

21 Nov 2024
The U.S. Department of Energy (DOE) has allocated up to $2.2 billion for two Regional Clean Hydrogen Hubs (H2Hubs) to expand clean hydrogen production and infrastructure in the United States. This initiative, supported by the Bipartisan Infrastructure Law, aims to decarbonize energy-intensive sectors, create jobs, and enhance U.S. energy independence.

 

The Gulf Coast Hydrogen Hub, led by HyVelocity (HyV), will receive up to $1.2 billion. Located in Texas, it plans to produce hydrogen through electrolysis and natural gas with carbon capture. The project is expected to generate approximately 45,000 jobs.

The Midwest Hydrogen Hub, led by the Midwest Alliance for Clean Hydrogen LLC (MachH2), will receive up to $1 billion. Spanning Illinois, Indiana, Iowa, and Michigan, this hub will utilize renewable energy, nuclear power, and natural gas to support decarbonization in industries such as steel manufacturing and heavy transportation. The project is expected to create 12,000 jobs.

These two hubs are part of a larger network of seven hydrogen hubs under the DOE's H2Hubs program, which aims to produce millions of metric tons of clean hydrogen annually by 2030 and reduce emissions in industrial and transportation sectors.

 

Source: energy.gov

Subscribe image

Subscribe to our Newsletter

Subscribe to our newsletter and stay ahead with the latest innovations, industry trends, and expert insights in power systems technology. Get updates on cutting-edge solutions, renewable energy advancements, and essential best practices delivered straight to your inbox.