Federal incentives boost BayoTech hydrogen hubs plans

As the first major step into commercial markets for its compact mobile hydrogen generators, BayoTech plans to construct six hydrogen hubs in five different states in the coming year.

The company has spent the last seven years perfecting its producing technology, which it licensed from Sandia National Laboratories to produce hydrogen on-site, close to where it would be used in commercial and industrial applications.

New federal incentives are in place to promote widespread production and consumption of hydrogen to speed up the country’s transition to a carbon-free economy.

The Inflation Reduction Act, which provides $370 billion in new federal incentives and investment in renewable energy technologies, gave their initiatives a huge boost.