US releases hydrogen strategy

June 6, 2023

The US government has today released its strategy for growth of low-carbon hydrogen by 2050, including how it will deploy $9.5bn of financial support.

The plan draws on incentives worth $8bn to support the establishment of regional hydrogen production hubs; $1bn to improve the efficiency of hydrogen electrolysis technologies; and $500m to support the manufacturing of low-carbon hydrogen equipment in the US.

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