The US Department of Energy will allocate $47.7 million to finance 16 research and demonstration hydrogen projects.
The projects are aimed at reducing technology costs, optimizing hydrogen infrastructure and improving the performance of hydrogen fuel cells, as well as storing and capturing hydrogen leaks, reports Innovation News Network.
It is noted that these projects, combined with the work of the Regional Clean Hydrogen Centers, tax incentives and ongoing scientific initiatives, will help reduce the cost of green hydrogen to $1 per kg.
"Making next-generation climate technologies economically competitive is key to realizing US President Joe Biden's vision for a strong clean energy economy based on equity and opportunity," said Energy Secretary Jennifer Granholm.
She emphasized that such funding will help accelerate the Ministry of Energy's efforts to develop green hydrogen. It will help decarbonize the most energy-intensive sectors of the economy, as well as ensure the development of American manufacturing for decades to come.
The material emphasized that despite the rapid development of hydrogen technologies, the industry faces significant costs in scaling. However, these projects should help overcome these challenges.
Earlier, EcoPolitic wrote, that in January the US President Joe Biden's administration announced the allocation of $47 million for the development of affordable green hydrogen technologies. The RD&D program will contribute to lowering the cost of H2 to $1 per kg within 10 years.
As EcoPolitic previously reported, the US will allocate $6 billion to accelerate decarbonization projects in energy-intensive industries, in particular in the production of steel, aluminum, cement, chemicals, ceramics and paper.
