Letter on hydrogen: American dream
The US’ relentless push to create a low-carbon hydrogen economy will benefit the industry’s development in all regions
The US is throwing the kitchen sink at low-carbon hydrogen. In its latest move, the Department of Energy (DOE) in mid-October allocated $7b of funding to support the development of seven regional hubs spanning the whole country. The hubs have the combined potential to meet 30% of the government’s 2030 production target. This “historic” investment is designed to kickstart a national network of producers, consumers and associated infrastructure to accelerate the commercial-scale deployment of low-cost clean hydrogen, said US Secretary of Energy Jennifer Granholm. The scale of the DOE’s ambition took some in the industry by surprise as the talk ahead of the announcement had been of funding for

Also in this section
30 May 2025
Pressure is growing on developers to prove the bankability of their projects in a challenging market for green hydrogen
23 May 2025
Investors remain committed to development but are waiting on greater international market certainty
22 May 2025
The government has ambitions to scale up production and become a major exporter by the end of the decade
21 May 2025
Half of winning bidders are based in southern European country as €1b auction clears at lower-than-expected levels