Recipient: HyVelocity Hub (HyV)
Locations: U.S. Gulf Coast, including Corpus Christi, Houston, Texas Triangle regions, and others
Federal Cost Share: Up to $1.2 billion
Prime Contractor: HyVelocity, LLC
Summary: The Gulf Coast Hydrogen Hub is proposing locations in the Houston region, the traditional energy capital of the United States, and stretching across the Texas Gulf Coast. The Gulf Coast Hydrogen Hub plans to kickstart the clean hydrogen economy with large-scale hydrogen production, using both water through electrolysis and from natural gas while utilizing carbon capture and storage, leveraging the Gulf Coast region’s abundant renewable energy and natural gas supply to drive down the cost of hydrogen—a crucial piece to achieving market liftoff. To help lower the cost of distribution and storage and reach more hydrogen users, the Gulf Coast Hydrogen Hub plans to develop connective pipeline infrastructure. The Hub proposes to use clean hydrogen for fuel cell electric trucks, industrial processes, ammonia production, refining and petrochemical production, and marine fuel (e-Methanol). Introducing clean hydrogen into these industries is estimated to reduce carbon dioxide (CO2) emissions by 7 million metric tons (MT) per year, equivalent to the annual emissions of more than 1.5 million gasoline-powered cars.
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