Challenges and Opportunities: Navigating the Hydrogen Landscape in the US
Key Ideas
- The US has seen significant investments in hydrogen to support economic and decarbonisation goals.
- The Fuel Cell & Hydrogen Energy Association has played a key role in advocating for hydrogen technologies in the US.
- Legislation like the Inflation Reduction Act and the Infrastructure Investment and Jobs Act have been instrumental in driving hydrogen activity in the country.
- The US Department of Energy has allocated substantial funding for hydrogen hubs to kickstart Phase 1 efforts.
In 2024, the hydrogen industry in the United States has continued to thrive with investments from both the public and private sectors. The focus remains on supporting the country's economic growth and decarbonisation objectives. While progress has been made, challenges persist as the sector moves towards commercialisation and scaling. The Fuel Cell & Hydrogen Energy Association (FCHEA) has been a longstanding advocate for hydrogen and fuel cell technologies in the US, securing crucial policies to stimulate market growth and expansion. The Inflation Reduction Act and the Infrastructure Investment and Jobs Act have set the stage for the current surge in hydrogen activity. Recently, the US Department of Energy dispersed over $87 million to three out of seven designated hydrogen hubs to initiate Phase 1 projects. FCHEA is eagerly anticipating finalizing contracts for the remaining hubs to further advance the hydrogen landscape in the country.