.png)
$7 Billion Funding for U.S. Regional Clean Hydrogen Hubs
Here is an article by RSM. According to it,
- The Department of Energy (DOE) has announced $7 billion in funding to establish seven regional clean hydrogen hubs across the U.S.
- These hubs will utilize diverse types of hydrogen—green, pink, brown, and blue—based on production processes.
- Each selected hub will focus on decarbonizing various sectors such as steel, glass, power generation, transportation, and aviation fuel.
Here are some other insights on the state of the hydrogen hubs industry as of now:
- $7.162 billion - Expected market size of hydrogen hubs by 2030, as reported by Prescient & Scientific Intelligence
- $99 billion (€90 billion) - Expected total investment for India to achieve its National Green Hydrogen Mission targets, as reported by Green Hydrogen Organization
- $500 million - Investment by Air Products to build a green hydrogen production facility in New York, as well as liquid hydrogen distribution and dispensing operations, as reported by Air Products
