UPDATED 1 Sept: The EI library in London is temporarily closed to the public, as a precautionary measure in light of the ongoing COVID-19 situation. The Knowledge Service will still be answering email queries via email , or via live chats during working hours (09:15-17:00 GMT). Our e-library is always open for members here: eLibrary , for full-text access to over 200 e-books and millions of articles. Thank you for your patience.
New Energy World™
New Energy World™ embraces the whole energy industry as it connects and converges to address the decarbonisation challenge. It covers progress being made across the industry, from the dynamics under way to reduce emissions in oil and gas, through improvements to the efficiency of energy conversion and use, to cutting-edge initiatives in renewable and low-carbon technologies.
US announces $7bn for clean hydrogen hubs
18/10/2023
News
The US Department of Energy (DOE) has announced $7bn in funding to launch seven Regional Clean Hydrogen Hubs (H2Hubs) across the US to accelerate the commercial-scale deployment of hydrogen.
Funded by President Biden’s Bipartisan Infrastructure Law, the seven H2Hubs are expected to collectively produce 3mn t/y of hydrogen, reaching nearly a third of the 2030 US production target and lowering emissions from hard-to-abate industrial sectors that represent 30% of total US CO2 emissions.
Together, they are expected to reduce 25mn tonnes of 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 jobs across the country while supporting healthier communities, according to the DOE.
The announcement is thought to be one of the largest investments in clean manufacturing and jobs in history. The investment will be matched by recipients to leverage a total of nearly $50bn to strengthen local economies and cut harmful emissions.
‘With this historic investment, the Biden-Harris Administration is laying the foundation for a new, American-led industry that will propel the global clean energy transition,’ said Jennifer Granholm, the US Secretary of Energy, in a statement.
The money will be awarded to proposed hydrogen projects on the Gulf Coast and in the mid-Atlantic, Appalachia, mid-west, upper mid-west, Pacific north-west and California.
