The U.S. Department of Energy’s (DOE) Office of Clean Energy Demonstrations (OCED) has asked the Appalachian Regional Clean Hydrogen Hub (ARCH2) to submit an application for a regional clean hydrogen hub funding opportunity announcement (FOA).
The ARCH2’s mission is to accelerate America’s decarbonization transition by building a sustainable hydrogen hub in northern Appalachia that can integrate into a national clean hydrogen network.
The OCED, established in December 2021 by the DOE, was created by the Bipartisan Infrastructure Law to accelerate clean energy technology.
“Through a collaboration with experienced industry partners, we will leverage the existing infrastructure and abundant energy resources of the Appalachian region to enable clean, economy-scale hydrogen production,” Dr. Paula Gant, president and CEO of GTI Energy, a founder of ARCH2, said in a press release.
“DOE’s encouragement to move forward signals the potential for the ARCH2 hub to make major economic and environmental impacts in a historically underserved part of the country,” she continued.
Appalachia’s access to low-cost natural gas feedstock, end-user demand, workforce and technology capability and carbon sequestration potential make the area ideal for the development of a hydrogen hub.
“There is a tremendous opportunity to demonstrate how natural gas can play a leading role in the world’s transition to lower carbon energy solutions,” said Toby Z. Rice, president and CEO of EQT Corp. “The world is demanding cheaper, more reliable and cleaner energy. We believe the use of Appalachia’s extremely low emissions natural gas to create clean hydrogen can act as a strategic foundation for America’s transition toward decarbonization.”
ARCH2 currently consists of over 120 partners. Formed by the State of West Virginia, EQT Corp., Battelle Memorial Institute, GTI Energy and Allegheny Science & Technology, the hub has grown to include other entities such as private sector industry leaders, universities, non-profits and state agencies.
The FOA is in accordance with the Infrastructure Investment and Jobs Act.
Recommended Reading
CGG to Change Name to Viridien
2024-05-17 - The company’s new ticker symbol will be “VIRI” and listed on Euronext Paris, effective May 21.
Sector’s Appetite for Capital Remains Amid Consolidation Frenzy, Panelists Say
2024-05-17 - There’s still an appetite for capital in the oil and gas sector—companies just need to think creatively to find it, a number of panelists said during SUPER DUG in Fort Worth, Texas.
SilverBow Resets Shareholder Meeting After $2.1B Crescent Deal
2024-05-16 - SilverBow Resources said it will adjourn its May 21 shareholders’ meeting until May 29 following Crescent Energy’s agreement to buy the Eagle Ford operator.
Blue Racer Midstream Prices Senior Notes Offering
2024-05-15 - Net proceeds from the sale of senior notes will be used to pay off debt and other general corporate purposes.
Petrobras CEO Prates to Step Down
2024-05-15 - Brazil’s President Luiz Inácio Lula da Silva has requested that Petrobras CEO Jean Paul Prates resign following a dispute over dividend payments.