DOE offers $750 million to fund clean hydrogen projects
March 21, 2023
The U.S. Department of Energy (DOE) has made available $750 million for the research, development, and demonstration of projects that can reduce the cost of clean hydrogen.
The U.S. Department of Energy (DOE) has made available $750 million for the research, development, and demonstration of projects that can reduce the cost of clean hydrogen. Funded by the Bipartisan Infrastructure Law, this project will be managed by the Hydrogen and Fuel Cell Technologies Office. According to the DOE, this initiative is designed to address underlying technical barriers to cost reduction and will help the DOE achieve its Hydrogen Shot goal of being able to produce $1 per kilogram of clean hydrogen within a decade.
In a recent quote, U.S. Secretary of Energy Jennifer M. Granholm said, “Making clean hydrogen from abundant renewable energy provides America with yet another incredibly powerful fuel for many different applications, from low-emissions use in the construction and manufacturing industries to energy storage to powering our cars and trucks. Thanks to new funding from President Biden’s historic clean energy laws, DOE is accelerating our effort to make this exciting and versatile fuel market-ready within a decade—supercharging America’s drive towards an affordable and secure clean energy economy.”
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