Photo by Tom Fawls, Dreamstime.
A tank of hydrogen fuel at Kennedy Space Center.

DOE Backs Hydrogen Economy with New $750 Million Investment

March 20, 2023
This area of R&D will be critical for developing the hydrogen economy for commercial-scale deployments, according to the DOE.

The Biden administration, via the Department of Energy, is making $750 million in research, development and pilot project funding available for clean hydrogen energy demonstration projects.

The funding is the first phase of the $1.5 billion portion of the Bipartisan Infrastructure Law set aside for advancing electrolysis technologies and improving manufacturing and recycling capabilities, according to a release from the DOE.

This area of R&D will be critical for developing the hydrogen economy for commercial-scale deployments, according to the DOE.

“Making clean hydrogen from abundant renewable energy provides America with yet another incredibly powerful fuel for many different applications, from low-emissions use in the construction and manufacturing industries to energy storage to powering our cars and trucks,” said Secretary of Energy Jennifer Granholm.

The infrastructure law authorizes some $1 billion for demonstrations of clean hydrogen that uses electrolysis. Another $500 million is earmarked for looking into better processes and technologies for designing clean hydrogen energy systems.

Clean hydrogen can support the expansion of renewable power by providing a means for long-duration energy storage and offers flexibility and revenue streams for clean power generation—including renewables, advanced nuclear, and other applications.

Managed by DOE’s Hydrogen and Fuel Cell Technologies Office (HFTO), projects funded through this opportunity will address underlying technical barriers to cost reduction that can’t be overcome by scale alone. The DOE also supports hydrogen energy projects with the Hydrogen Hubs project.

Full applications for this funding will be due July 19.

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