Clean hydrogen tech development to get $47 million government funding boost
The Biden-Harris Administration wants to make green H2 technologies more affordable. The Biden-Harris Administration, through the U.S. Department of Energy (DOE), recently announced up to $47 million in funding to speed up the research, development, and demonstration (RD&D) of affordable clean hydrogen tech. Projects funded under this opportunity will advance the DOE’s Hydrogen Shot goal. The Hydrogen Shot goal is to lower the cost of clean hydrogen to $1 per kilogram within ten years. The projects that receive funds under this latest Biden-Harris Administration clean hydrogen tech funding op…
The Biden-Harris Administration wants to make green H2 technologies more affordable.
The Biden-Harris Administration, through the U.S. Department of Energy (DOE), recently announced up to $47 million in funding to speed up the research, development, and demonstration (RD&D) of affordable clean hydrogen tech.Projects funded under this opportunity will advance the DOE’s Hydrogen Shot goal.
The Hydrogen Shot goal is to lower the cost of clean hydrogen to $1 per kilogram within ten years. The projects that receive funds under this latest Biden-Harris Administration clean hydrogen tech funding opportunity will decrease costs, enhance hydrogen infrastructure, and improve hydrogen fuel cell performance.
Achieving cost reductions will accelerate the use of green hydrogen across various sectors, helping to bolster the United States’ energy security while supporting President Biden’s ambitious clean energy goals. By 2035, Biden seeks to achieve a 100% clean electric grid, and by 2050, a net-zero emissions economy.
“Clean hydrogen is a versatile fuel essential to achieving President Biden’s vision of an equitable clean energy economy rooted in reliability and affordability,” said U.S. Secretary of Energy Jennifer M. Granholm.