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The US will provide $1.5bn for R&D
US Renewables Finance
Polly Martin
16 March 2023
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US opens $750mn funding for hydrogen R&D

The Department of Energy has launched the first tranche of a planned $1.5bn

The US Department of Energy (DoE) has opened access to $750mn in funding for R&D to reduce the cost of low-carbon hydrogen—the first tranche of a $1.5bn total promised by the Bipartisan Infrastructure Law (BIL). The BIL authorises $1bn for R&D into electrolytic hydrogen production and $500mn into investigating processes and methods for manufacturing and recycling low-carbon hydrogen systems and materials. Concept papers for the first tranche of funding will close next month, with full applications due by 19 July. The DoE plans to grant financial assistance awards in the form of cooperative agreements with a tenor lasting 2–5 years. The US has set a target of lowering the cost of low-

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