Congratulations to the seven awarded hubs that aim to produce more than three million metric tons of clean hydrogen annually with the goal of achieving nearly one-third of the 2030 U.S. clean hydrogen production.
The Department of Energy (DOE) recently announced that it will provide up to $7 billion in federal funding to seven regional "clean hydrogen hubs" (H2Hubs) across the U.S. These hubs aim to accelerate the domestic market for low-cost, clean hydrogen and reduce emissions in many sectors of the economy, especially for hard-to-decarbonize industries and industrial processes, such as:
The seven hydrogen hubs (ARCH2, ARCHES, HyVelocity, Heartland, MACH2, MachH2, and PNWH2) stretch across 16 states and are organized according to geographic regions that have a particular strength when it comes to developing and growing the hydrogen industry in the United States.
Government officials say roughly two-thirds of the total project investment is associated with green (electrolysis-based) production within the hubs. The seven Hydrogen Hubs will eliminate 25 million metric tons of carbon dioxide emissions from end uses each year—an amount roughly equivalent to the combined annual emissions of over 5.5 million gasoline-powered cars.
This funding is one of history's largest investments in clean manufacturing and jobs. Advancing clean hydrogen is essential to achieving a strong clean energy economy that strengthens energy security, bolsters domestic manufacturing, creates healthier communities and delivers new jobs and economic opportunities across the nation.
All of us at H2U are very excited for all the hydrogen hubs and what it means for our industry. Potentially, huge new markets that one day will feature our iridium-free PEM electrolyzer.
Exciting times lie ahead!