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Green Hydrogen H2 News

DOE awards $29M to advance hydrogen production

Arnes BiogradlijaBy Arnes Biogradlija27/08/20221 Min Read
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In addition to announcing a new $32 million funding opportunity for research that will promote cutting-edge clean hydrogen technology solutions, DOE also announced the awarding of $28.9 million to 15 industry and university-led projects.

The financing will boost the use of clean hydrogen as a more accessible and cost-effective fuel for transportation, industrial decarbonization, and the production of power. In order to achieve the Biden-Harris Administration’s aim of having a net-zero economy by 2050, electricity produced from clean hydrogen will be helpful.

U.S. Secretary of Energy Jennifer M. Granholm stated that “clean hydrogen is a tremendously adaptable instrument for decarbonizing our economy and addressing the climate challenge.” “DOE is investing in initiatives that will contribute to lowering the cost of manufacturing clean hydrogen, increasing its accessibility as a cost-effective, low-carbon fuel for power production, and creating high-paying employment.”

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