New investment at the federal level has created an unprecedented opportunity for federal agencies and state governments to work together on a shared vision for a domestic hydrogen economy. State and regional activity is ramping up to take advantage of near-term federal funding opportunities.
As a versatile energy carrier with a diverse range of applications across sectors, hydrogen offers a key opportunity for US states and regions to leverage existing assets and infrastructure in the transition to a clean energy economy.
Here are three takeaways about the current state of play:
- The Infrastructure Investment and Jobs Act (IIJA) provides $8 billion for developing a regional clean hydrogen hub program through the US Department of Energy (DOE).
- Several states have announced their intent to form regional hydrogen hubs, drawing on their strengths across state lines.
- Individual states and private sector partners are also advancing the policy landscape needed to deploy an ambitious hydrogen agenda.
The above excerpt was originally published by GPI. Click here to view the full article.