On Friday, President Joe Biden and Secretary of the Department of Energy Jennifer Granholm will announce seven regional hydrogen hubs.
President Joe Biden and Secretary of the U.S. Department of Energy Jennifer Granholm will on Friday announce seven regional"hydrogen hubs" which are, collectively, eligible for up to $7 billion in federal funding, according to senior White House administration officials.
The goal of the hubs is to spur the hydrogen economy across the United States. Hydrogen is seen as a critical component to the United States' decarbonization strategy.and Secretary of the U.S. Department of Energy Jennifer Granholm will announce on Friday seven regional"hydrogen hubs" which are collectively eligible for up to $7 billion in federal funding, according to senior White House administration officials.
The seven hydrogen hubs stretch across 16 states and are organized according to geographic regions that have a particular strength when it comes to developing and growing the hydrogen industry in the United States. The hubs are not single facilities, but refer to a collection of linked assets that will work together to develop the domestic hydrogen economy in the United States.
The $7 billion in federal funding will catalyze an estimated $43 billion in private sector investment, according to comments made by senior White House administration officials on a call with reporters on Thursday afternoon.
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