Think tank scholars at Resources for the Future identified six demand-side policy instruments under consideration by DOE and suggested each is riskier and less efficient than simply giving #hydrogen hubs more money. resources.org/common-resourc…

We've heard from one of our sources that #Hydrogen Hub awardees will be announced this Friday by President #Biden at a clean energy event in Philadelphia. Additional details in our latest newsletter: quercusresearch.com/hydrogen-hub-a…

#Hydrogen Hub awardees know they’re getting grants and how much. Efforts by Sen. #Manchin paid off. #MACH2 will get $750 million. #ARCH2 is also getting an award, but the amount hasn't been disclosed. Further announcements all but confirmed for Friday. reuters.com/business/energ…

🟢 NEW: We launched the nation’s first 7 Regional Clean Hydrogen Hubs—kickstarting a national network of clean hydrogen producers, consumers, and infrastructure that will accelerate commercial-scale deployment of this clean energy source. energy.gov/articles/biden…

#Hydrogen Hub winners were announced early this morning. Check out our backgrounder with summaries, funding amounts, and a full list of businesses participating in each #HydrogenHub. quercusresearch.com/hydrogen-hub-w…

1. Some insights on the #hydrogenhubs announcement today. We provided application support to a Hub that did not win.

2. We’ve known for a while that our Hub wasn't selected, but only received confirmed early this morning. Approx 13 finalists got called to DC for in depth Q&A with #DOE about a month and a half ago.

3. We pieced together most of the finalists, but there were still some surprises in the list of winners today. We expected closer to 10 winners, giving DOE room to cut if negotiations with 1 or 2 fell through.

4. We expected WISHH (CO, UT, NM, WY) to win. We did not expect 2 winners in the PA area (we expected ARCH2 but not MACH2).

5. One surprise was how much private sector #investment winning #hydrogenhubs have. $43B non-federal match to $7B grant award for a ratio of 6.14:1. H2Hub program required 50% match (1:1 ratio). Ours was around 3.5:1. So a lot more money backing these projects than we expected.

6. That indicates that many/most of the #hydrogen projects in winning hubs would or could have gone forward regardless, and the role of #hydrogenhub #funding was primarily to de-risk those investments.

7. Overall, winners had several things in common: blue chip project partners (e.g. Air Liquide, bp, Chevron, ExxonMobil, NextEra), strong state support (e.g. real funding, tax incentives in the $billions, political lobbying, etc.), and excellent labor & community engagement.

"The DOE said on Monday that two-thirds of the hydrogen produced in the hubs will come from renewable resources." #hydrogen #renewableenergy utilitydive.com/news/doe-hydro…

1. This fascinating read contextualizes DOE's plan to launch the hydrogen industry. Hubs, à la Silicon Valley, "are meant to seed specific industries in specific places, creating new centers of gravity that will allow new regional economies to form." ow.ly/zmBq50PXR4N

2. Silicon Valley: DOD funding > Stanford U. > Fairchild Semiconductor & Intel > tech workers & VC > Big Tech Hydrogen: #DOE funding > #H2Hubs > workforce & financial/legal infra > #hydrogen industry (including R&D, manufacturing, production, distribution, and consumption)

#Toyota, one of the last holdouts in the nearly dead #hydrogen car market, is planning an h2-powered run at the 2024 #Dakar Rally. fuelcellsworks.com/news/toyota-mo…

National Grid published a study of electrification needs for EV heavy transport in the Northeast. Over 1/4 of the sites identified will need >5 MW in charging capacity, and some will require nearly 40 MW – around 2x the needs of a small town. nationalgrid.com/document/14861…

IEA report details the massive grid expansion a carbon-free future will require: "Reaching national goals also means adding or refurbishing a total of over 80 million kilometres of grids by 2040, the equivalent of the entire existing global grid." iea.org/reports/electr…

Economic forecasting shows "a global irreversible solar tipping point may have passed where solar energy gradually comes to dominate global electricity markets, without any further climate policies." Solar could be the cheapest electricity source by 2030. nature.com/articles/s4146…

Renewable energy deployment is growing fast, but fossil fuel use also continues to grow, meaning "global fossil CO₂ emissions will rise ~1% in 2023," according to a new study by CICERO. #RenewableEnergy #ClimateChange cicero.oslo.no/en/articles/gl…