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US Secretary of Energy Jennifer Granholm
Opinion
US Markets
Stuart Penson
1 November 2023
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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

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