Nikola to accelerate hydrogen developments with secured innovative electric rate

Nikola Corporation has secured an innovative electric rate schedule with Arizona Public Service Company (APS) to accelerate the development of its hydrogen-based fuelling solutions for the transportation industry.

Announced yesterday (12th Jan), the unanimous approval by the Arizona Corporation Commission (ACC) provides Nikola with a competitive electric rate specifically designed for the production, processing, and dispensing of hydrogen.

The approval will now help lead the creation of the hydrogen economy in Arizona and enable a zero emission heavy-duty freight corridor along the I-10 freeway between Los Angeles and Phoenix, among other things.

Celebrating the milestone, Mark Russell, CEO of Nikola, said, “Nikola values the joint efforts of APS and the ACC to enable competitive electrolytic hydrogen production. The approval of this special rate for hydrogen production is critical for advancing the future of zero-emissions transportation and building a hydrogen economy.”

... to continue reading you must be subscribed

Subscribe Today

Paywall Asset Header Graphic

To gain access to this article and all our other content, you will need to subscribe to H2 View.

From the latest print editions, to 24/7 online access to exclusive interviews, authoritative columnists and the H2 View news archive, a subscription is the best way for you to stay up to date with developments in the hydrogen community.

Please wait...