Biden Administration to Announce $7 Billion in Hydrogen Hub Grants, Aiming to Build Clean Energy Infrastructure

Biden administration expected to announce $7 billion in hydrogen hub grants on Friday

Grants aimed at building out regional hydrogen hubs to produce 50 million metric tons of clean hydrogen fuel by 2050

Competitive process gave White House power to reward political allies in key 2024 election states

79 applicants sent letters of interest for the grants, 33 teams selected to move forward

Grants expected to unleash wave of new state and private sector investment in hydrogen