Improvement.- The Biden-Harris Administration, through the US Department of Energy (DOE), today announced its intention to release $750 million (708,416,084 euros) in funds from President Biden’s bipartisan Infrastructure Act to significantly reduce the cost of clean hydrogen technologies.
The funding is a key component of the Administration’s comprehensive vision to accelerate widespread use of clean hydrogen and will play a key role in supporting commercial-scale hydrogen deployment. Produced with net zero carbon emissions, clean hydrogen is a key pillar in the emerging clean energy economy and will be essential to achieving the President’s goal of a 100% clean electricity grid by 2035 and net zero carbon emissions by 2050.
“Today’s announcement is another exciting step toward reducing costs and increasing production of clean hydrogen, a versatile fuel essential to the nation’s historic transition to an equitable and secure clean energy future,” he added. US Energy Secretary Jennifer M. Granholm , “By investing in the cutting-edge research and development needed to make market-ready clean hydrogen a reality, DOE is delivering on President Biden’s promise to implement an ambitious climate agenda.”
Clean hydrogen, produced from renewable energy with zero or near-zero emissionss, nuclear power or natural gas with carbon sequestration, will play a key role in reducing emissions from some of the most difficult-to-decarbonize sectors in the future. Our economy, including industrial and chemical processes and heavy transport. Clean hydrogen could also support the expansion of renewable energy by providing a means for long-term energy storage and providing flexibility and revenue for all forms of clean power generation, including today’s nuclear fleet, power advanced nuclear and other innovative technologies. Provides source. By enabling diverse domestic clean energy pathways across multiple sectors of the economy, hydrogen will strengthen America’s energy independence, resilience and security.
Combined with regional clean hydrogen hubs (H2Hubs), tax incentives in the President’s Inflation Reduction Act, and ongoing research, development and demonstration in the DOE Hydrogen Program, these investments will accelerate the technological progress and expansion needed to achieve DOE Hydrogen Will give It reached its goal of $1 per kilogram of clean hydrogen within a decade.
Managed by DOE’s Hydrogen and Fuel Cell Technologies Office (HFTO), projects funded through this opportunity will address inherent technical barriers to cost reduction that cannot be overcome by scale alone and will ensure that commercial-scale But emerging markets are viable with lower future costs. , High performance technology. Meeting cost reduction targets will open new markets for clean hydrogen, create more clean energy jobs, reduce greenhouse gas emissions, and strengthen America’s competitiveness in the global clean energy market.
By enabling a sustainable clean hydrogen economy, these investments will help reduce harmful air pollution and decarbonize some of the most polluting sectors of the economy, including chemical and industrial processes and heavy transportation. Reducing emissions in these areas would be particularly beneficial to disadvantaged communities who have suffered disproportionately from local air pollution in the past. In addition, DOE’s National Clean Hydrogen Strategy and Roadmap and President Biden’s Justice40 initiative serve as important pillars driving HFTO’s energy justice efforts and hydrogen program.
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