Department of Energy Announces Initial Funding Tranches for Gulf Coast and Midwest Regional Hydrogen Hubs

The U.S. Department of Energy's Office of Clean Energy Demonstrations recently announced the first tranches of funding for the Gulf Coast Hydrogen Hub and Midwest Hydrogen Hub, two of the seven regional hydrogen hubs unveiled in late 2023.

Hydrogen and Fuel Cell Technologies Office

November 26, 2024
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The U.S. Department of Energy's (DOE's) Office of Clean Energy Demonstrations (OCED) recently announced the first tranches of funding for the Gulf Coast Hydrogen Hub and Midwest Hydrogen Hub, two of the seven regional hydrogen hubs (H2Hubs) unveiled in late 2023. 

OCED awarded the Gulf Coast Hydrogen Hub—led by HyVelocity (HyV)—with $22 million of the total project federal cost share of up to $1.2 billion to begin Phase 1 of the project plan. OCED awarded the Midwest Hydrogen Hub—led by the Midwest Alliance for Clean Hydrogen (MachH2)—with $22.2 million of the total federal cost share of up to $1 billion to begin Phase 1 of its project plan.

By creating a balanced portfolio of producers and consumers, the Gulf Coast Hydrogen Hub plans to leverage 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. Through its core projects, the HyV proposes to produce hydrogen from both water through electrolysis and from natural gas while utilizing carbon capture and storage. These proposed projects aim to catalyze regional solutions and contribute to lifting off the U.S. national hydrogen network. This H2Hub is expected to create approximately 45,000 direct jobs over the project’s lifetime. View HyV's project fact sheet.

Located in a key U.S. industrial and transportation corridor, the Midwest Hydrogen Hub plans to leverage the region's diverse energy sources (including renewable wind energy, natural gas, and nuclear energy) to support industries including steel and glass production, manufacturing, power generation, refining, and heavy-duty transportation across Illinois, Indiana, Iowa, and Michigan. The MachH2 anticipates creating approximately 12,000 direct jobs over the project’s lifetime. View MachH2's project fact sheet.

Learn more about OCED, the H2Hubs, and additional engagement opportunities.

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