Biden-Harris Administration Allocates US$7 Billion for Regional Clean Hydrogen Hubs Across the U.S.
10/19/2023 - The U.S. Department of Energy announced last week that, as part of President Biden’s Investing in America agenda, the Biden-Harris administration has allocated US$7 billion to launch seven Regional Clean Hydrogen Hubs (H2Hubs) across the U.S.
The seven regional hubs, which are expected to collectively produce 3 million metric tons of hydrogen annually, are intended to accelerate the commercial-scale deployment of low-cost, clean hydrogen. Together, the H2Hubs will reduce 25 million metric tons of CO2 emissions from end uses each year.
“Unlocking the full potential of hydrogen — a versatile fuel that can be made from almost any energy resource in virtually every part of the country — is crucial to achieving President Biden’s goal of American industry powered by American clean energy, ensuring less volatility and more affordable energy options for American families and businesses,” said U.S. Secretary of Energy Jennifer M. Granholm. “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 while creating high quality jobs and delivering healthier communities in every pocket of the nation.”
The seven hubs include the Appalachian Hydrogen Hub serving West Virginia, Ohio and Pennsylvania; the California Hydrogen Hub; the Gulf Coast Hydrogen Hub, which will serve Texas; the Heartland Hydrogen Hub serving Minnesota, North Dakota and South Dakota; the Mid-Atlantic Hydrogen Hub that will serve Pennsylvania, Delaware and New Jersey; the Midwest Hydrogen Hub serving Illinois, Indiana and Michigan; and the Pacific Northwest Hydrogen Hub, which will serve Washington, Oregon and Montana.
The US$7 billion investment will be met with the H2Hubs selectees’ share of more than US$40 billion. Coupled with tax incentives in the Inflation Reduction Act as well as current research and development efforts, the announcement will reportedly help drive private sector investment.
Read the full announcement here.