The US Department of Energy (DOE) has said it will fund 31 next-generation clean hydrogen technologies with $52.5m to reduce costs and accelerate breakthroughs in the sector.
Announcing the move on Wednesday (July 7), DOE said its efforts will support its Hydrogen Energy Earthshot initiative through which it wants to slash the cost of clean hydrogen by 80% to $1 per kilogram.
Commenting on the news, Secretary of Energy Jennifer Granholm, said, “Part of our path to a net-zero carbon future means investing in innovation to make clean energy sources like hydrogen more affordable and widely adopted so we can reach our goal of net-zero carbon emissions by 2050.
“These projects will put us one step closer to unlocking the scientific advancements needed to create a strong domestic supply chain and good-paying jobs in the emerging clean hydrogen industry.”
Each of the 31 technologies that will benefit from the funds will focus on bridging technical gaps in hydrogen production, storage, distribution and utilisation technologies, including fuel cells, thereby paving the way toward decarbonisation of the electricity sector by 2035 and creation of good-paying jobs across in the hydrogen sector.
Welcoming the new capital for hydrogen projects, US Senator Shelley Moore Capito, said, “Next-generation hydrogen technologies, including fuel cells, will be critical to addressing the climate crisis and developing new industries here at home.
“This will help to create and bring back good-paying jobs, and we must continue to innovate and lead in these areas so our nation is not left behind.”
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