US announces $7 billion in hydrogen hub funding

biden makes annoucement at a podium in front of Biden Investment signs
The administration is funding several different hydrogen production technologies, an approach backed by Tony Pan, co-founder of the methane pyrolysis start-up Modern Hydrogen. “So far, the government deserves a big kudos for how they’re supporting clean hydrogen. Instead of picking winners and losers directly, most of the incentives are technology agnostic,” Pan says. Some hubs will use water electrolysis powered by renewable or nuclear energy, some will upgrade biomass or waste into hydrogen, and some will pair fossil fuel-derived hydrogen production with carbon capture.
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