Federal Funding Boosts MachH2 and HyVelocity Hydrogen Projects Across the US
Key Ideas
  • MachH2 and HyVelocity secure significant federal funding allocations to advance their hydrogen projects in the US, with expectations to produce over 1,000 tonnes per day of hydrogen.
  • The projects aim to reduce emissions from hard-to-decarbonise industries, create clean energy jobs, and benefit historically overburdened communities.
  • Both hubs involve collaboration with companies like Air Liquide, Plug Power, and ExxonMobil, as well as academia, local governments, and potential offtakers to leverage natural gas reserves and renewable energy.
  • California's ARCHES, PNWH2 from the Pacific Northwest, and ARCH2 from the Appalachian region are among the other hubs progressing in the Regional Clean Hydrogen Hubs program, demonstrating a growing focus on hydrogen development across the US.
MachH2 and HyVelocity, two prominent hydrogen projects in the US, have received a significant boost through federal funding allocations. MachH2 secured an initial $22.5 million from a $1 billion fund, while HyVelocity obtained $22 million from a $1.2 billion pool. These projects, located in Illinois, Indiana, Michigan, and along the Gulf Coast, are part of the Regional Clean Hydrogen Hubs program initiated by the US Department of Energy (DOE). The initiatives aim to produce over 1,000 tonnes per day of pink, blue, or green hydrogen, emphasizing a move towards cleaner energy solutions. Companies like Air Liquide, Plug Power, and ExxonMobil are key players in determining project locations and driving the development of hydrogen infrastructure. The partnerships with academia, local governments, and potential offtakers highlight a collaborative approach towards utilizing natural gas reserves and renewable energy sources for hydrogen production.
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