The United States Department of Energy (DOE) announced its intention to allocate $750 million from President Biden’s Bipartisan Infrastructure Act to reduce the cost of clean-hydrogen technologies dramatically. Clean hydrogen, produced with net-zero carbon emissions, is a crucial pillar in the emerging clean energy economy and will be critical to meeting President Biden’s goal of a 100% clean electrical grid by 2035 with net-zero carbon emissions by 2050.
These investments, in conjunction 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, will accelerate the technical advances and scale-up required to achieve DOE’s Hydrogen Shot goal of $1 per kilogramme of clean hydrogen within a decade.
Projects funded through this opportunity will address underlying technical barriers to cost reduction that scale cannot overcome, ensuring emerging commercial-scale deployments will be viable with future lower-cost, higher-performing technology.
