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biden-harris-administration-announces-750m-to-cut-clean-hydrogen-costs
biden-harris-administration-announces-750m-to-cut-clean-hydrogen-costs

Biden-Harris Administration announces $750m to cut clean hydrogen costs

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The Biden-Harris Administration, through the US Department of Energy (DOE), has announced $750m for research and development efforts related to reducing the cost of clean hydrogen.

Produced with Net Zero carbon emissions, clean hydrogen has been described as “essential” for reaching President Biden’s goal of a 100% clean electrical grid by 2025 and Net Zero carbon emissions by 2050.

The funding marks the first phase of $1.5bn made available in President Biden’s Bipartisan Infrastructure Law dedicated to advancing electrolysis technologies and improving manufacturing and recycling capabilities.

Under plans laid out by the Biden-Harris Administration, a total of $1bn will be dedicated to the research, development, demonstration, and deployment activities to reduce the cost of clean hydrogen.

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