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.”

Sponsored Recommendations

A Paradigm Shift in Pump Selection

Jan. 22, 2025
Discover how INNOMAG® is transforming pump selection with innovative design and unparalleled performance. Learn how this breakthrough solution simplifies operations, enhances ...

The Need for Speed: The Most Advanced Sealless Pump is Also the Fastest

Jan. 14, 2025
Struggling with a troublesome pump? Get a reliable solution in just five days with the fastest, most advanced sealless pump on the market.

Say Goodbye to Pumping’s Weakest Links

Jan. 14, 2025
Shaft seals and ball bearings cause nearly 80% of pump failures—but not with INNOMAG®. With no seals, no bearings, and a thrust-balanced design, these pumps deliver unmatched ...

Ready to Reduce the Cost of Energy with a Highly Efficient, More Forgiving Pump?

Jan. 14, 2025
INNOMAG® pumps save energy and maintain peak efficiency over time—no wear and tear. Discover how they can lower your operating costs and increase reliability.