$7 Billion Federal Funding to Spark Clean-Energy Revolution with Hydrogen Hubs

President Joe Biden and Secretary of the U.S. Department of Energy Jennifer Granholm will announce seven regional "hydrogen hubs" eligible for up to $7 billion in federal funding. These hubs, funded by the Bipartisan Infrastructure Law, aim to develop the domestic hydrogen economy in the United States. Hydrogen is seen as a potential energy storage solution and a way to reduce greenhouse gas emissions in industries like long-haul trucking and aviation. The hubs will be located in regions with strengths in hydrogen development, such as the Appalachian, California, Gulf State, Heartland, Mid-Atlantic, Midwest, and Pacific Northwest. The funding is expected to catalyze $43 billion in private sector investment and create job opportunities. The hubs will use a combination of natural gas with carbon capture technology and renewable energy sources to produce hydrogen.