HyVelocity Selected by U.S. Department of Energy to Develop Gulf Coast Hydrogen Hub
Houston, Oct. 13, 2023 (GLOBE NEWSWIRE) -- Today, the HyVelocity Hub team announced it has been selected by the U.S Department of Energy (DOE) Office of Clean Energy Demonstrations to begin award negotiations for the development of the HyVelocity Gulf Coast Hydrogen Hub, which is estimated to receive up to $1.2 billion in Bipartisan Infrastructure Law funding.
- Houston, Oct. 13, 2023 (GLOBE NEWSWIRE) -- Today, the HyVelocity Hub team announced it has been selected by the U.S Department of Energy (DOE) Office of Clean Energy Demonstrations to begin award negotiations for the development of the HyVelocity Gulf Coast Hydrogen Hub, which is estimated to receive up to $1.2 billion in Bipartisan Infrastructure Law funding.
- HyVelocity is an industry-led hydrogen hub that includes seven core industry partners – AES Corporation, Air Liquide, Chevron, ExxonMobil, Mitsubishi Power Americas, Ørsted, and Sempra Infrastructure.
- With more than 1,000 miles of dedicated hydrogen pipelines, 48 hydrogen production plants and dozens of hydrogen end-use applications, the Gulf Coast is already the heart of hydrogen infrastructure and use in the United States.
- HyVelocity will build on the region’s diverse array of energy resources, including hydrogen production facilities and pipelines, renewable energy, a large base of industrial energy consumers, and a skilled workforce.