The $1.2T Infrastructure bill to boost the US hydrogen industry
This bill demonstrates the incredible potential for creating the US hydrogen economy.
The $1.2 trillion Bipartisan Infrastructure bill, the Infrastructure Investment and Jobs Act which has now been signed into law, includes a suite of hydrogen-specific provisions that will drive large-scale deployment and investment in the US.
The bill includes a package of hydrogen-specific policies, including:
- $8 billion for the development of several large-scale regional clean hydrogen hubs across the US
- $1 billion for clean hydrogen electrolysis research and development
- $500 million in funds for clean hydrogen manufacturing and recycling.
The bill also directs the federal government to develop the country’s first national hydrogen roadmap and strategy. This legislation offers several other opportunities that would enable hydrogen energy and fuel cell technology to be deployed in energy and transportation systems.
Frank Wolak, the Fuel Cell and Hydrogen Energy Association (Fchea) President & CEO, said, “Fchea is encouraged by further discussions surrounding the Build Back Better Act, which includes an array of tax and policy activities that complement this infrastructure bill.”
Fchea represents over seventy leading companies and organisations that are advancing innovative, clean, safe, and reliable energy technologies.
Arshad Mansoor, CEO of Electric Power Research Institute (EPRI), noted, “It makes historic investments to help build out electric vehicle and grid infrastructure, to ensure greater reliability and resilience, and drive essential R&D for hydrogen, nuclear, and other clean energy sources.”