Biden Administration Announces New $7 Billion Clean Hydrogen Funding | EnergyLink
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Biden Administration Announces New $7 Billion Clean Hydrogen Funding

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The Department of Energy announced on September 22, 2022 that applications are open for a $7 billion funding program to create regional clean hydrogen hubs across the nation. Local communities will benefit from clean energy investments through new good-paying jobs and improved energy security.

This funding is provided due to the Bipartisan Infrastructure Law, managed by the Department of Energy. The goals of this program clean hydrogen include investing in America’s workforce, jumpstarting local economic growth, and creating good-paying, union jobs as we build a clean energy economy, improving energy security, and tackling climate change

Read: President Biden Announces $1 Billion Build Back Better Regional Challenge Winners

Projects funded under this funding opportunity are expected to include a Community Benefits Plan to:  

  • Support meaningful community and labor engagement;  
  • Invest in America’s workforce;  
  • Advance diversity, equity, inclusion, and accessibility; and  
  • Contribute to the President’s goal that 40% of the overall benefits of certain federal investments flow to disadvantaged communities.  

Read: How the Inflation Reduction Act Impacts Renewable Energy

“This historic funding from the Bipartisan Infrastructure Law is complemented by new incentives in President Biden’s Inflation Reduction Act for clean hydrogen produced with prevailing wages and apprenticeship requirements. Together, these transformational laws accelerate the Biden-Harris administration’s commitment to building the clean energy technologies of the future, growing clean energy jobs, protecting workers and boosting American manufacturing.”

Department of Energy

To learn more, read the full article here

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