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Number of jobs created by Gulf Coast Hydrogen Hub by end of 2026?
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Economic impact reports or official statements from the U.S. Department of Energy
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U.S. DOE Awards $2.2B for Clean Hydrogen Hubs in Gulf Coast and Houston
Nov 20, 2024, 06:26 PM
The U.S. Department of Energy has awarded up to $2.2 billion to boost clean hydrogen production, with the Gulf Coast Hydrogen Hub in Texas receiving up to $1.2 billion. This funding aims to advance clean hydrogen technology through the use of electrolysis and emissions-captured natural gas. The initiative is part of a broader effort to reduce emissions, create jobs, and lead in the clean energy sector. The Gulf Coast hub's first funding tranche is $22 million, with the potential for further investment up to $1.2 billion. The project is expected to contribute significantly to the development of clean hydrogen hubs across the country, including the development of a $1.2 billion hydrogen hub in Houston.
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