The U.S. Geological Survey today published the first map of the prospective locations of naturally-occurring geologic hydrogen resources...
Biden Will Award $7 Billion for Hydrogen Hubs Across the US
President Joe Biden is set this week to announce as much as $7 billion in funding for hydrogen projects across the country as part of a national competition to jump-start production of the clean-burning fuel in the US, according to people familiar with the matter. The funding for so-called hydrogen hubs, where the gas can both be produced and used, is intended to highlight the climate friendly fuel’s potential to provide carbon-free power to run factories and power plants. While almost no hydrogen is currently produced in the US, that figure could increase to 10 million metric tons by 2030, according to a report released earlier this year by the Energy Department. Biden is poised to visit Pennsylvania, which is leading an Appalachian hydrogen hub that proposes to use natural gas and carbon capture, where he will give remarks on the clean-energy transition, according to the White House. The project, in partnership with West Virginia and Ohio, also includes Equinor ASA and Shell Plc.
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