22.04.2022
The US Department of Energy presents proposals for a comprehensive hydrogen strategy.
In February, the U.S. Department of Energy (DoE) announced a proposal for a comprehensive strategy to develop four geographic hubs for the production and use of hydrogen manufactured from electricity or fossil fuel-based energy.
The strategy covers the period 2022-26. The proposal is part of the $1.2 trillion infrastructure package that was approved by the Senate last year and is divided into several general focus areas, including “energy and industry”. The hubs will focus on energy use from either renewable, atomic or fossil fuel-based energy (coal or gas), but all other forms of energy will also be included.
Requirements state that greenhouse gas emissions for hydrogen produced from fossil fuel-based energy must not exceed 2 kg CO2e per kg hydrogen, something demanding the use of CCS. There is also a requirement for hubs to concentrate on different areas of application for hydrogen. One aim of this is to bring the cost of green hydrogen production down to $1 per kilogram before 2030 – an almost 80% reduction from current prices. The response deadline for the strategy is the end of March.
Scheme for financing industrial CCS projects These events have affected the scheme for financing industrial CCS projects – known as 45Q – which has now been proposed to be revised to provide increased flexibility, broader scope, a longer timeframe and – last but not least – more money. The new proposal involves payment of up …
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