At-a-Glance:
The U.S. Department of Energy is accepting applications for the $7 billion program to create regional clean hydrogen hubs (H2Hubs) across the country. The H2Hubs will be a central driver in helping communities across the country benefit from clean energy investments, good-paying jobs, and improved energy security. For more read: DOE Opens Bipartisan Infrastructure Law Funding Opportunity for Regional Clean Hydrogen Hubs and Releases Draft of DOE National Clean Hydrogen Strategy and Roadmap.
Key Takeaways:
- Hydrogen is a versatile fuel that can be produced from clean, diverse, and domestic energy resources, including wind, solar, and nuclear energy, or by using methane while capturing resulting carbon to reduce emissions.
- DOE also released a draft of the National Clean Hydrogen Strategy and Roadmap, which provides an overview of the potential for hydrogen production, transport, storage, and use in the United States and outlines how clean hydrogen can contribute to national decarbonization and economic development goals.
- For this initial funding opportunity launch, DOE is aiming to select six to ten hubs for a combined total of up to $7 billion in federal funding.
Path to 100% Perspective
Renewable fuels, like hydrogen, will play a significant role in transitioning to a 100% renewable energy power system, especially as the market for these fuels continues to grow in the transportation and industrial sectors. Hydrogen-based sustainable fuels can be stored in large quantities and for extended periods at power plants for long periods of use, enabling clean capacity to be cost effectively scaled up according to the needs of grids.