Industrial ConsumersInvestorsMidstreamPower

DOE launches first Hydrogen Shot to produce less costly clean hydrogen

DOE-launches-first-Hydrogen-Shot-to-produce-less-costly-clean-hydrogen.jpg

Today, the Biden-Harris administration through the DOE made public the federal goal of reducing the cost of producing clean hydrogen. Indeed, this fuel type could potentially reduce dependence on other actors that emit greenhouse gases that cause climate change, the Department stated in a press release.

Read more of our news content, here; Saturn Oil & Gas Inc. completes successful light-oil asset acquisition in Saskatchewan

Thus, U.S. Secretary of Energy, Jennifer Granholm, announced the government will launch the first Energy Earth shot or Hydrogen Shot, which will seek to reduce the cost of clean hydrogen by 80% to $1 per kilogram in one decade.

Moreover, the Hydrogen Shot establishes a foundation for clean hydrogen deployment in the American Jobs Plan. Which indeed includes support for demonstration projects.

About the Hydrogen Shot initiative – DOE

According to the Sec. Granholm, achieving these targets will help America tackle the climate crisis. Moreover, it will support more quickly reach the Biden-Harris Administration’s goal of net-zero carbon emissions by 2050.

Additionally, the administration will achieve so while creating good-paying, union jobs and growing the economy, DOE continued.

“Clean hydrogen is a game-changer,” Sec. Granholm added in the statement. Indeed, “it will help decarbonize high-polluting heavy-duty and industrial sectors. Particularly while delivering good-paying clean energy jobs and realizing a net-zero economy by 2050.”

According to Reuters, this Energy Earth shot is the first of a series of DOE initiatives to accelerate and innovate in clean energy. Accordingly, these programs will intend to help the economy reach that emissions goal.

Applications – various opportunities

Worth noting, this fuel type has various applications. For instance, it can be used in fuel cells with byproducts of water and heat instead of carbon dioxide. Similarly, it has a long history as rocket fuel, oil refining, and ammonia for fertilizers.

Indeed, many governments currently support green hydrogen, which is made by using renewable energy to power electrolyzers to extract it from water. Therefore, it can be used in vehicles, ships, and energy plants. However, this type of fuel is currently too costly.

Nevertheless, the most popular hydrogen today is a derivate of natural gas or coal; indeed, this fuel type receives the name of grey hydrogen. A tradeoff is that it still emits large amounts of carbon dioxide throughout its production and application processes.

Finally, the DOE requested information on viable demonstrations, with requests due on July 7. Accordingly, topics in the RFI include; Hydrogen Production, Resources, and Infrastructure; End Users Based on Specific Regions, Cost, and Value Propositions; Greenhouse Gas and Other Pollutant Emissions Reduction Potential; Diversity, Equity, Inclusion (DEI), Jobs, and Environmental Justice; and Science and Innovation Needs and Challenges.

Related posts

RWE partners with GE Renewables to repower wind site in Texas

editor

Permex Petroleum Receives Drilling Permit Approval for its Texas Property

Paola Sanchez

Engie stops U.S. $7 billion LNG Talks with NextDecade Corp.

editor