Gulf Coast Hydrogen Hub Soars with $1.2 Billion DOE Funding: A Transformative Leap for Texas and Gulf Coast Communities
Francis Page Jr. | 11/22/2024, 4:56 p.m.
The HyVelocity Hydrogen Hub has officially launched, igniting a transformative clean energy revolution across Texas and the Gulf Coast. Bolstered by up to $1.2 billion in federal funding from the U.S. Department of Energy’s (DOE) Office of Clean Energy Demonstrations (OCED), this groundbreaking initiative positions the region as a global leader in clean hydrogen production and infrastructure.
A Catalyst for Change: Transforming Communities and Energy Landscapes
The journey begins with $22 million in initial federal funding, paving the way for HyVelocity’s ambitious vision of creating up to 45,000 high-quality jobs and slashing carbon dioxide emissions by seven million metric tons annually. By leveraging the Gulf Coast’s robust energy infrastructure and expertise, the HyVelocity Hub is poised to become the nation’s largest clean hydrogen hub, delivering sustainable energy solutions and economic growth.
“We’re embarking on a mission to redefine energy innovation,” said Dr. Paula A. Gant, President & CEO of GTI Energy. “The HyVelocity Hub symbolizes the power of collaboration, driving value for our communities while advancing a low-carbon future.”
A Unified Vision: Industry and Community Engagement
HyVelocity’s strength lies in its consortium of leading industry partners, academic institutions, and government agencies. This collective expertise ensures the hub’s success in advancing clean hydrogen production and its practical applications across fuel cell electric trucks, industrial processes, maritime fuels, and more.
John Hall, President & CEO of the Houston Advanced Research Center (HARC), emphasized the project’s community-focused approach: “Hydrogen offers unparalleled opportunities for economic, social, and health benefits. HARC is committed to engaging fence-line and disadvantaged communities to ensure these benefits are equitably shared.”
Voices of Leadership: Pioneering the Hydrogen Frontier
Industry leaders expressed their enthusiasm for this monumental step:
- Neeraj Bhat, AES: “Clean hydrogen will drive a sustainable energy future. The HyVelocity Hub is the keystone for low-carbon innovation along the Gulf Coast.”
- Laura Parkan, Air Liquide: “We are laying the foundation for a thriving hydrogen ecosystem, creating scalable solutions to fuel long-term growth.”
- Austin Knight, Chevron: “Partnering across value chains is critical to scaling hydrogen solutions, and we are proud to advance this effort in the Gulf Coast.”
- Mike Ducker, MHI Hydrogen Infrastructure: “This initiative exemplifies our global commitment to clean energy innovation, creating jobs and environmental benefits for Gulf Coast communities.”
- Tommy Gerrity, Ørsted: “Star e-Methanol will diversify energy production, advance maritime decarbonization, and create well-paying jobs across Texas.”
Advancing Energy Innovation at Every Level
From academia to industry, HyVelocity exemplifies innovation. Jay Hartzell, President of the University of Texas at Austin, highlighted its significance: “Texas is the energy capital, and UT is the energy university. Our leadership in the HyVelocity Hub is pivotal for America’s energy security.”
Looking Ahead: Delivering on Promises
HyVelocity’s cooperative agreement with OCED solidifies its position as a trailblazer in the clean energy sector. As Brett Perlman of the Center for Houston’s Future noted, “This investment transforms vision into reality, creating jobs, reducing emissions, and driving investments.”
Join the Hydrogen Revolution
To stay informed about HyVelocity’s milestones, community benefits, and upcoming events, visit www.hyvelocityhub.com or email engage@hyvelocityhub.com. An upcoming OCED-hosted webinar will unveil further details on the hub’s Phase 1 projects and community engagement initiatives.
About the HyVelocity Hub
Administered by GTI Energy, the HyVelocity Hub leverages the Gulf Coast’s unparalleled hydrogen infrastructure to deliver sustainable energy solutions and economic opportunities to local communities. Core sponsors and supporting partners work in unison to create a thriving clean hydrogen market.
About the DOE Office of Clean Energy Demonstrations
OCED is dedicated to scaling clean energy innovations in partnership with the private sector, driving the equitable transition to a decarbonized energy system. Learn more at energy.gov/oced.