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-
![](/images/white-fade.png)
Also in this section
26 July 2024
European offtakers and strategic investors start to unlock North African country’s vast potential as a green hydrogen and ammonia supplier
25 July 2024
Investment in 100MW green hydrogen facility in Germany comes as oil major’s wider transition strategy comes under scrutiny
24 July 2024
World’s largest green fertiliser supply agreement puts Villeta project in Paraguay on track for FID later this year
23 July 2024
Awards experience 20% increase in nominations this year, with submissions from 27 countries