Happy Wednesday!
Did anyone
happen to read The Houston Chronicle on October 14, 2023, their article titled,
“Hydrogen sector could create more than 10K jobs – Feds award Houston’s HyVelocity
hub up to $1.2 billion for development”?
In the article, it goes on to speak about how the Texas Gulf Coast hydrogen
hub called HyVelocity has officially been granted the opportunity as one of the
seven of the U.S. Department of Energy Clean Energy Demonstration Office’s (OCED) H2Hubs Program, and it is being introduced to us. HyVelocity is comprised of the following educator,
companies, and non-profits: University of Texas at Austin, Chevron, Exxon, Air
Liquide, AES Corp., Mitsubishi Power Americas, Ørsted, Sempra Infrastructure,
Center for Houston’s Future, and GTI Energy.
These groups are investing in
what they believe is the future of clean energies. HyVelocity isn’t starting from scratch due to
blue hydrogen which is made from natural gas is made here in Houston now, but
with the federal funds the money will be used to help capture and store its
emissions underground. The Houston Hub
will develop facilities which make green hydrogen which is made through electrolysis
and powered by renewables. The new hydrogen industry is expecting to
bring 10,000 jobs, and 35,000 construction jobs to the Houston-Gulf Coast area
over the next ten years, and it is expected to start construction in the next
three to four years. Across the industry
300,000 jobs are expected between stable employment positions and construction. President Joe Biden made the official announcement
of the seven hubs at a Pennsylvania port where another hydrogen hub was chosen on
Friday, October 13, 2023. The federal government offered up to $7 billion
in funding from the Bipartisan Infrastructure Investment and Jobs Act (IIJA) in
expectation another $40 billion in private funds would join to develop hydrogen
as a future clean energy in the U.S. The
seven hubs were chosen out of 79 submissions which included one in Corpus Christi. The U.S. is investing in a future for clean
energy and reduced greenhouse gases as well in investing in its workers. If you would like to read more of The
Houston Chronicle’s article, please click the link: Chevron, Exxon in Houston coalition to receive DOE hydrogen hub funds(houstonchronicle.com).
If you would
like help in looking into how to transport your product efficiently, safely, and
with less of a carbon footprint, contact us via email in the blog and check out
our ESC's website!
We hope you have a wonderful evening and a great rest of
your week!
Astros play tonight at 7:03 p.m. C.T. GO ATROS!
**Disclaimer: You may be charged a fee to read The
Houston Chronicle’s article. **