Hyundai will use the knowledge learned from these public initiatives to grow its zero emission commercial fleet business in the United States and form local relationships along the value chain.
Lily D’Ambrosio, the Minister of Energy, Environment, and Climate Change, announced two new grant programs to help the industrial sector prepare for renewable hydrogen by sponsoring a number of projects.
According to the consortium, this goal was formalized with the signing of a memorandum of understanding (MoU), which will see a feasibility study conducted into the possibility of creating the world’s first oceangoing hydrogen cruise ship.
The Challenge is an open innovation program aimed at identifying the greatest entrepreneurial, intellectual, and technological ventures in the field of hydrogen uses and technologies generated around the world.
The effort will see the duo collaborate with multiple green hydrogen customers across a number of industries, including transportation, major distilleries, and gas network operators, as part of an effort to embrace the entire green hydrogen value chain.
The study will look at the factors that will be required to enable large-scale commercial adoption, such as the amount of green ammonia needed and the transportation and storage capacity required.
The submissions will aid DOE’s hydrogen program in prioritizing projects that would drive clean hydrogen breakthroughs that will decrease emissions, create jobs, and help the country achieve a net-zero carbon economy by 2050.
