Biden-Harris Administration Announces $47 Million to Develop Affordable Clean Hydrogen Technologies
|
January 27, 2023 Funding Will Reduce Costs and Improve the Performance of Critical Hydrogen Infrastructure and Fuel Cell Technologies, Support DOE’s Hydrogen Shot The Biden-Harris Administration, through the U.S. Department of Energy (DOE), announced up to $47 million in funding to accelerate the research, development, and demonstration (RD&D) of affordable clean hydrogen technologies. Projects funded under this opportunity will reduce costs, enhance hydrogen infrastructure, and improve the performance of hydrogen fuel cells—advancing the Department’s Hydrogen Shot goal of reducing the cost of clean hydrogen to $1 per kilogram within a decade. Achieving these cost reductions will accelerate the use of clean hydrogen across multiple sectors, strengthening their energy security while supporting President Biden’s ambitious goals of a 100% clean electric grid by 2035 and a net-zero emissions economy by 2050. “Clean hydrogen is a versatile fuel essential to achieving President Biden’s vision of an equitable clean energy economy rooted in reliability and affordability,” said U.S. Secretary of Energy Jennifer M. Granholm. “This funding will advance cutting-edge research and drive down technology costs to help unlock the full potential of clean hydrogen energy—providing another valuable resource to combat the climate crisis while creating economic opportunities in communities across the country.” Clean hydrogen—which is produced with zero or near-zero emissions—is set to play a vital future role in reducing emissions from some of the hardest-to-decarbonize sectors of their economy, including industrial and chemical processes and heavy-duty transportation. Reducing emissions in these sectors will be especially beneficial for disadvantaged communities that have suffered disproportionately from local air pollution in the past. While hydrogen technologies have come a long way over the last several years, costs and other challenges to at-scale adoption need to be addressed for clean hydrogen to realize its full potential. To find out more details please visit : https://esgnews.com/ |