Hexagon Purus Results Presentation Deck
In July, the U.S. DoE announced its intention to invest up to USD 1bn to support
demand for hydrogen as part of the H2Hubs program
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Hydrogen
Picture credit: Business Wire
Source: U.S. Department of Energy
BACKGROUND
U.S. Department of Energy as announced its intention
to invest up to USD 1 billion in a demand-side initiative
to support the Regional Clean Hydrogen Hubs program
The initiative targets to ensure both producers and
end-users in the H2Hubs have the market certainty and
demand-side they need to unlock private investments
and realize the full potential of clean hydrogen
Achieving commercial-scale clean hydrogen is critical
to achieving long-term decarbonization
REGIONAL CLEAN HYDROGEN HUBS PROGRAM
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The Regional clean hydrogen hubs (H2Hubs) is a USD
7bn program to create regional clean hydrogen hubs
for production, infrastructure and consumption
H2Hubs will help form the foundation of a national
clean hydrogen network vital to reducing emissions
from industrial and chemical processes and heavy-duty
transportation
Regions/projects selected for award negotiations will
be announced during the fall 2023.
Deep dive
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