2024 has been another monumental year for hydrogen. Both the public and private sectors in the US have continued making investments in this industry to support the country’s economic and decarbonisation goals. However, as our sector is now pivoting towards commercialisation and scale, we have also faced challenges and continued uncertainties that are holding back hydrogen from reaching its full potential.
The Fuel Cell & Hydrogen Energy Association (FCHEA) has been advocating for hydrogen and fuel cell technologies in the US for decades. After seeing success in securing key policies that are opening tremendous opportunities to grow existing markets and expand into new ones, there remains considerable work ahead to ensure our efforts come to fruition.
It has now been two years since the Inflation Reduction Act (IRA) was put into law and three years since the passage of the Infrastructure Investment and Jobs Act (IIJA). These two pieces of legislation have laid the foundation for the unprecedented levels of hydrogen activity seen in the US today.
In the past few months, the first tranches of Hydrogen Hub money from the US Department of Energy (DOE), more than $87m, made its way to three of the seven hydrogen hubs (California, Pacific Northwest, and Appalachian) for each to begin Phase 1 efforts. FCHEA eagerly is awaiting contract finalisation for the four remaining Hubs to proceed forward.
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