Advent Technologies Holdings, a fuel cell and hydrogen technology company, announced that it has co-signed a Memorandum of Understanding with the New York State Energy Research and Development Authority (NYSERDA) and more than 60 clean hydrogen ecosystem partners.
Under the MoU, the parties will collaborate to develop a proposal that will enable the Northeastern United States to become one of at least four regional clean hydrogen hubs designated through the federal Regional Clean Hydrogen Hubs program, included in the bipartisan Infrastructure Investment and Jobs Act.
The coalition of six States (Connecticut, Massachusetts, Maine, New Jersey, New York, and Rhode Island), along with more than 60 clean hydrogen ecosystem partners, are laying the groundwork for a proposal for the United States Department of Energy funding opportunity anticipated to be announced in September or October 2022, with up to $8 billion in total funding available.
After the initial announcement in March 2022, New York has continued to add strategic partners that now include 14 private sector industry leaders, 12 utilities, 20 hydrogen technology original equipment manufacturers (OEMs), 10 universities, seven non-profit organizations, five other states, two transportation companies, and three state agencies.
New partners include:
Consortium partners have committed to collaborate with the NYSERDA, New York Power Authority, and Empire State Development for the development of the proposal to advance clean hydrogen projects. At the same time, partnering states will also coordinate with their respective state entities to help align the consortium's efforts with each state's climate and clean energy goals, such as Massachusetts’ goal of reaching net-zero carbon emissions by 2050.
With the execution of these agreements, the partners will work together to:
The coalition will continue to focus on the integration of renewables—such as onshore and offshore wind, hydropower, and solar PV—and nuclear power into clean hydrogen production and the evaluation of clean hydrogen for use in transportation, including for medium and heavy-duty vehicles, heavy industry, power generation applications, and other appropriate uses consistent with decarbonization efforts.