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06 Jul
18:24

US to allocate $1 billion towards building demand for clean hydrogen

The US Department of Energy (DOE) confirmed plans to invest up to $1 billion in a demand-side initiative to support the Regional Clean Hydrogen Hubs (H2Hubs), Kallanish reports. Demand formation for a new energy source typically lags creation of a reliable supply, the US government points out. The move is aimed at ensuring both producers and end-users in the hubs have the market certainty they need during the early years of production. This should then unlock pri…
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