The two awardees—Gulf Coast H2Hub and Midwest H2Hub—are critical pillars of DOE’s H2Hubs program, which was created by the Bipartisan Infrastructure Law to kickstart a national network of clean hydrogen producers, consumers, and connective infrastructure while supporting the production, storage, delivery, and end-use of clean hydrogen, the DOE said in a news release.
These awards follow three previously awarded H2Hubs.
As part of MachH2’s Phase 1 award status, the hub will receive $22.2 million in initial federal funding. Phase 1 is expected to last between 12 to 18 months and is anticipated to include planning, design, development, and community and labor engagement activities. Projects participating in the hub are expected to produce over 1,000 metric tons per day (MTPD) of clean hydrogen at scale. These plans and the viability of certain projects are subject to, among other considerations, guidance from the U.S. Treasury Department regarding eligibility for the clean hydrogen production tax credit under Section 45V of the U.S. Tax Code.
The HyVelocity Hub has executed a cooperative agreement to receive up to $1.2 billion in federal funding to build and expand low-carbon hydrogen and hydrogen infrastructure across Texas and the Gulf Coast. Kicking off with about $22 million in the first tranche of federal funding, HyVelocity could create up to 45,000 jobs over its lifetime and reduce carbon dioxide emissions by up to seven million metric tons per year.
