Some companies planning to use new U.S. tax credits to deploy hydrogen projects urged the Treasury Department this...
DOE Announces $60 Million to Advance Clean Hydrogen Technologies and Decarbonize Grid
The U.S. Department of Energy (DOE) today announced $40 million in funding to advance the development and deployment of clean hydrogen technologies. To further decarbonize the grid, DOE is also launching a $20 million university research consortium to help states and Tribal communities successfully implement grid resilience programs and achieve decarbonization goals. By lowering the costs of clean hydrogen and leveraging industry investments in clean technologies, DOE is making significant strides towards President Biden’s goal of a net-zero carbon economy by 2050 that prioritizes historically disadvantaged communities.
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