The HyVelocity Hub in Houston, Texas, has signed a cooperative agreement with the U.S. Department of Energy's Office of Clean Energy Demonstrations to receive up to $1.2 billion in federal funding for expanding low-carbon hydrogen infrastructure across Texas and the Gulf Coast. This initiative, starting with an initial funding tranche of $22 million, aims to generate around 45,000 jobs and cut down carbon dioxide emissions by up to seven million metric tons annually. The project is set to be a transformative investment that will enhance energy resources in the Gulf Coast region, ensuring energy security and fostering the adoption of clean hydrogen while creating quality job opportunities. HyVelocity intends to establish itself as the largest hydrogen hub in the nation, capitalizing on the leadership's expertise in low-carbon energy deployment to facilitate hydrogen production and distribution across various sectors. The hub plans to utilize the region's existing hydrogen assets to develop clean hydrogen for applications such as fueling trucks, ammonia production, refining, petrochemicals, and marine shipping fuel. Industry partners like AES, Air Liquide, Chevron, ExxonMobil, and MHI Hydrogen Infrastructure have expressed their support for the project, emphasizing the significance of building a clean hydrogen market and promoting sustainable energy solutions. Organizing partners such as GTI Energy, University of Texas at Austin, and Houston Advanced Research Center stress the importance of community engagement, workforce development, and economic benefits for the success of the HyVelocity Hub and the regional hydrogen economy.