Texas to build $100B hydrogen superhub with 180,000 jobs by 2050


According to a recent analysis, Texas could construct a $100 billion hydrogen economy and create 180,000 jobs along its Gulf coast by transforming its network of oil and petrochemical industrial complexes into a national H2 export superhub competitive with emerging global market players.

A study, based on research by McKinsey & Company for a group of business advocacy organizations, cites the following advantages: abundant renewable power generation and low-cost natural gas, existing hydrogen production and transportation capacity, favorable geological formations for CO2 storage, and local demand drivers in the second largest state economy in the United States.

Nedim Husomanovic

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