The inaugural US Hydrogen Shot Summit
- Sep 1, 2021 12:41 pm GMT
The U.S. Department of Energy’s (DOE’s) Energy Earthshots Initiative aims to accelerate breakthroughs of more abundant, affordable, and reliable clean energy solutions within the decade. Achieving the Energy Earthshots will help America tackle the toughest remaining barriers to addressing the climate crisis, and more quickly reach the goal of net-zero carbon emissions by 2050 while creating good-paying union jobs and growing the economy.
The Hydrogen Shot establishes a framework and foundation for clean hydrogen deployment in the American Jobs Plan, which includes support for demonstration projects. Industries are beginning to implement clean hydrogen to reduce emissions, yet many hurdles remain to deploying it at scale. Currently, hydrogen from renewable energy costs about $5 per kilogram. Achieving the Hydrogen Shot’s 80% cost reduction goal can unlock new markets for hydrogen, including steel manufacturing, clean ammonia, energy storage, and heavy duty trucks. This would create more clean energy jobs, reduce greenhouse gas emissions, and position America to compete in the clean energy market on a global scale. These efforts would ensure that environmental protect.
Everyone of course wishes to be a world leader for hydrogen ranging from China to our beloved blighty. We were treated to mix of political, commercial and technical insights as the USA aims for 1$ per kilogram within a decade, a mindboggling ambition from where we are now
Key messages included that scale, ambition and build out will help us get there
So good luck to the ambitious US Hydrogen Shot and the economic prize which perhaps, lies behind it. Feel free to join me and over 1700 stakeholders at the Business Opportunities for the Hydrogen Economy, Professionals Group: https://bit.ly/2DwrpHP
No discussions yet. Start a discussion below.
Get Published - Build a Following
The Energy Central Power Industry Network is based on one core idea - power industry professionals helping each other and advancing the industry by sharing and learning from each other.
If you have an experience or insight to share or have learned something from a conference or seminar, your peers and colleagues on Energy Central want to hear about it. It's also easy to share a link to an article you've liked or an industry resource that you think would be helpful.