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CA
Another hydrogen developer exits regional clean energy project
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Oregon Capital Chronicle
A billion-dollar, taxpayer-funded enterprise to kickstart a clean hydrogen industry in the Pacific Northwest took another hit due to energy companies getting cold feet.
The U.S. Energy Department is scrutinizing clean energy programs and initiatives launched under the Biden administration, including the Northwest hub.
The Pacific Northwest Hydrogen Hub said in its emailed statement that “project adjustments were expected and planned for” in the early development phase of the nascent industry.
The Pacific Northwest Hydrogen Hub game plan envisions that producers will make “green” hydrogen exclusively by splitting water molecules with an electric current.
Clean hydrogen producers strive to qualify for the tax credit in order to lower the otherwise high retail price of the fuel.
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