The demand for hydrogen exists. More and more companies use hydrogen fuel cell powered material handling equipment such...
Opinion: Texas has the chance to become a hydrogen energy hub
Bobby Tudor is the Retired Founder and CEO of Tudor, Pickering, Holt & Co., and is currently the CEO of Artemis Energy Partners and an Advisory Board Member of the Carbon Neutral Coalition.
With over 1600 miles of hydrogen pipeline already built along its coast, Texas is the only state in the country with the ability to become a hydrogen hub at a rapid clip. And by putting the regulatory structure and incentives in place, the Texas legislature can make this happen.
The Houston Energy Transition Initiative (HETI), through their collaborative of the Greater Houston Partnership and Center for Houston’s Future, forecasted that Texas could build a $100 billion hydrogen economy, with 180,000 jobs by 2050, through initiatives focused on policy, infrastructure, innovation, and talent.
There is no doubt that hydrogen will play a key role in our nation’s energy future. As the federal government and large financial institutions and regulatory agencies push companies to reduce their emissions, Texas must do what it has always done when it comes to energy — pioneer new technology leading to enhanced energy output and more jobs for Texans.
Read more here.
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