The Listed Companies Involved in Biden’s $7 Billion Hydrogen Hubs

October 13, 2023

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The Announcement

The Department of Energy has announced $7 billion in funding to launch 7 Regional Clean Hydrogen Hubs (H2Hubs) in the United States. Funding comes from the Bipartisan Infrastructure Law passed in 2021.

U.S. Department of Energy:

The seven H2Hubs will kickstart a national network of clean hydrogen producers, consumers, and connective infrastructure while supporting the production, storage, delivery, and end-use of clean hydrogen. The H2Hubs are expected to collectively produce three million metric tons of hydrogen annually, reaching nearly a third of the 2030 U.S. production target and lowering emissions from hard-to-decarbonize industrial sectors that represent 30 percent of total U.S. carbon emissions. Together, they will also reduce 25 million metric tons of carbon dioxide (CO2) emissions from end-uses each year—an amount roughly equivalent to combined annual emissions of 5.5 million gasoline-powered cars—and create and retain tens of thousands of good-paying jobs across the country while supporting healthier communities. 

The government expects the investment could help catalyze an additional $40 billion in investments from the companies involved in the projects.

The Companies Involved

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  • Detail on the listed companies involved in the project development consortiums in each of the 7 projects selected.

The Appalachian Regional Clean Hydrogen Hub (ARCH2)

This project spans three states – West Virginia, Ohio and Pennsylvania – and is set to receive up to $925 million.

Consortium Members:

    • Air Liquide $AIQUF
    • Chemours $CC
    • CNX Resources $CNX
    • Dominion Energy $D
    • EQT Corp $EQT
    • Plug Power $PLUG

Project Website

 

Alliance for Renewable Clean Hydrogen Energy Systems (ARCHES)

A project in California that will receive up to $1.2 billion. The project is focused on decarbonizing public transportation, heavy duty trucking and port operations.

Consortium Members:

    • AES $AES
    • Air Products $APD
    • PowerTap Hydrogen Capital Corp $MOTNF

Project Factsheet

 

The HyVelocity (Gulf Coast) Hydrogen Hub

A project in Houston, Texas focused on large-scale hydrogen production using both natural gas with carbon capture and renewables-powered electrolysis. Will receive up to $1.2 billion.

Consortium Members:

    • AES Corp $AES
    • Air Liquide $AIQUF
    • Chevron $CVX
    • Exxon Mobile $XOM
    • Ørsted $DNNGY
    • Sempra Infrastructure $SRE
    • Mitsubishi Power $MHVYF

Project Website

 

The Heartland Hydrogen Hub

The project spans Minnesota, North Dakota, South Dakota and will receive up to $925 million.

Consortium Members:

    • Marathon Petroleum Corp $MPC
    • TC Energy $TRP
    • Xcel Energy $XEL

The Mid-Atlantic Clean Hydrogen Hub (MACH2)

Spans Pennsylvania, Delaware, New Jersey and will receive up to $750 million. Projects to focus on producing hydrogen from renewables and nuclear power, repurposing historic oil infrastructure.

Consortium Members:

    • Air Liquide $AIQUF
    • DuPont $DD
    • Enbridge $ENB
    • PBF Energy $PBF

Project Website

 

Midwest Alliance for Clean Hydrogen (MachH2)

Spans Illinois, Indiana, Michigan and will receive up to $1 billion. Projects to focus on decarbonization through strategic hydrogen uses including steel and glass production, power generation, refining, heavy-duty transportation, and sustainable aviation fuel

Consortium Members:

    • Air Liquide $AIQUF
    • ArcelorMittal $MT
    • bp $BP
    • Bloom Energy $BE
    • BorgWarner $BWA
    • Constellation Energy $CEG
    • Cummins $CMI
    • Rolls-Royce $RYCEF
    • Ameren $AEE
    • NiSource $NI

Project Website

 

Pacific Northwest Hydrogen Hub (PNWH2)

Spans Washington, Oregon and Montana and will receive up to $1 billion. Projects to focus on producing hydrogen for use in fertilizer production and transportation.

Consortium Members:

    • Amazon $AMZN
    • bp $BP
    • Plug Power $PLUG
    • Fortescue $FSUGY

Project Website

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