- DOE to invest $750M for clean hyrdrogen reserach.
- Cooperative agreements will be used to distribute the financial support awards for two to five years.
The US Department of Energy (DOE) said that it will invest $750 million in research and development (R&D) projects that aim to dramatically reduce the price of manufacturing clean hydrogen.
The funding opportunity is a part of a $8 billion hydrogen hub program authorized by President Biden’s Bipartisan Infrastructure Legislation, which is divided into a first phase of $1.5 billion. To support the US’s objective of net-zero carbon emissions by 2050, the program was introduced in the summer of 2022.
Projects engaged in technology research, development, and demonstration will have access to the $750 million package. Cooperative agreements will be used to distribute the financial support awards for two to five years.
A two-step application process will be available to interested parties. Concept papers must be submitted by April 19, 2023, and complete applications must be submitted by July 19, 2023.
The Bipartisan Infrastructure Law’s first section calls for investing $1 billion for research and development on clean hydrogen produced by electrolysis. The remaining USD 500 million will be used to fund research into new methods and equipment that will facilitate the production and recycling of clean hydrogen systems and materials.