US energy secretary Jennifer Granholm
US launches $1bn initiative to ‘jumpstart’ hydrogen
Funding to focus on demand side for hubs as government warns market uncertainty is delaying projects
The US government is drawing up plans for a $1bn funding programme aimed at “jumpstarting” the hydrogen economy by stimulating demand, in a sign of its growing frustration with the sector’s pace of development. The US Department of Energy (DoE) is consulting industry on the potential design of demand-side support aimed specifically at securing offtakers for hydrogen hubs to unlock private investment. Later this year, the Biden-Harris administration is expected to announce the selection of 6–10 regional hubs, which are designed to co-locate hydrogen production and industrial end-users, to receive a total funding of up to $7bn. The main hub programme, which is funded by President Biden’s Bipar
Also in this section
21 March 2025
European Hydrogen Bank auction is four times oversubscribed, while industry remains on pause in US amid IRA subsidy uncertainty
21 March 2025
The country is engaging with potential investors from North America and China as it refines its auction process to reflect shifting dynamics in green hydrogen, Hydrom’s managing director tells Hydrogen Economist
13 March 2025
Government awards €1.21b of funding to seven large-scale projects as it chases capacity target of 12GW by 2030
12 March 2025
Speakers at this year’s CERAWeek conference noted the growing interest in green hydrogen, but hurdles such as cost remain to its adoption at scale
