First-ever such strategy roadmap in the country sets plans to to facilitate production, storage and usage of green hydrogen in the country.
Here’s an article posted in Power Technology that talks about the clean hydrogen strategy unveiled by the USA.
According to the article,
- The US Government has released its first national clean hydrogen strategy.
- The strategy aims to facilitate the production, storage, and usage of green hydrogen in the country.
- The plan is based on March’s Pathways to Commercial Liftoff: Clean Hydrogen report.
Here are the 3 key features of the lean hydrogen strategy:
- Targeting Strategic, High-Impact Uses: This strategy focuses on utilizing clean hydrogen in high-benefit applications such as the industrial sector, heavy-duty transportation, and long-duration energy storage to enable a clean grid.
- Reducing the Cost of Clean Hydrogen: The strategy aims to reduce the cost of clean hydrogen production by electrolysis to $2 per kilogram by 2026 and $1 per kilogram by 2030. This will be achieved through innovation, private sector investments, and the development of the clean hydrogen supply chain.
- Focusing on Regional Networks: The strategy emphasizes the importance of regional networks with large-scale clean hydrogen production and end-use in close proximity, leveraging economies of scale to maximize infrastructure investment and drive market liftoff.
The strategy is supported by significant funding, including $9.5 billion from the Bipartisan Infrastructure Law and the Inflation Reduction Act, which provides tax incentives and grant and loan guarantees for hydrogen-based projects. The document also outlines steps the federal government will take to address areas where guidelines and standards are needed, such as developing a Clean Hydrogen Production Standard and laying the regulatory groundwork for large-scale clean hydrogen deployments. This plan is also expected to be vital for job creation in various sectors, in turn boosting the economy of the country.