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US DOE to slash cost of clean hydrogen by 80% to $1 this decade

US DOE to slash cost of clean hydrogen by 80% to $1 this decade

The US Department of Energy’s (DOE) Energy Earthshot Initiative has today (June 7) launched with an ambitious target to slash the cost of clean hydrogen by 80% to $1 per kilogram in just one decade.

Launched today by Secretary of Energy Jennifer Granholm, the initiative’s goal will be carried out under its “Hydrogen Shot” which will help the US tackle the climate crisis and reach the Biden-Harris Administration’s goal of net-zero carbon emissions by 2050.

Read more: Hydrogen amongst Joe Biden’s clean energy plans for the US

Further to that, the Hydrogen Shot establishes a framework and foundation for clean hydrogen deployment in the American Jobs Plan, which includes support for demonstration projects.

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