The US Department of Energy has committed $1 billion to support clean hydrogen offtakers to kickstart the hydrogen economy.

By Joshua T. Bledsoe and Kevin A. Homrighausen

On July 5, 2023, the US Department of Energy (DOE) released a Notice of Intent (NOI) to invest up to $1 billion in a mechanism to develop reliable demand for hydrogen at DOE-funded Regional Clean Hydrogen Hubs (H2Hubs). DOE hopes this mechanism will help a diverse range of entities leverage the full potential of clean hydrogen and facilitate the use of clean hydrogen across a variety of economic sectors.