• BUSINESS
    • FINANCE
    • LEGAL
    • RETAIL & CONSUMER
    • AUTOS & TRANSPORTATION
    • HEALTHCARE & PHARMACEUTICALS
    • MEDIA & TELECOM
    • AEROSPACE AND DEFENSE
    • ENERGY
  • MARKETS
    • EUROPEAN MARKETS
    • ASIAN MARKETS
    • U.S. MARKETS
    • COMMODITIES
    • EMERGING MARKETS
    • DEALS
    • RATES & BONDS
  • WORLD
    • UNITED STATES
    • EUROPE
    • UNITED KINGDOM
    • ASIA PACIFIC
    • MIDDLE EAST
    • AFRICA
    • CHINA
    • INDIA
    • JAPAN
    • AMERICAS
    • FRANCE
    • GERMANY
  • POLITICS
    • GOVERNMENT
    • UNITED STATES
    • US SUPREME COURT
  • TECH
    • ARTIFICIAL INTELLIGENCE
    • CYBERSECURITY
    • SPACE
    • DISRUPTED
  • COMMENTARY
  • BREAKINGVIEWS
    • BREAKINGVIEWS PREDICTIONS
  • MONEY
    • WEALTH
    • FUNDS
    • ETFS
  • LIFE
    • LIFESTYLE
    • SPORTS
    • SCIENCE
  • SECTORS
    • ENERGY
    • HEALTHCARE
    • MEDIA & TELECOM
    • SUSTAINABILITY
    • ENVIRONMENT
    • RETAIL & CONSUMER
    • AUTOS & TRANSPORTATION
    • AEROSPACE AND DEFENSE
FinanceTime
  • August 20th, 2026

FinanceTimeFinancetime

  • BUSINESS
    • FINANCE
    • LEGAL
    • RETAIL & CONSUMER
    • AUTOS & TRANSPORTATION
    • HEALTHCARE & PHARMACEUTICALS
    • MEDIA & TELECOM
    • AEROSPACE AND DEFENSE
    • ENERGY
  • MARKETS
    • EUROPEAN MARKETS
    • ASIAN MARKETS
    • U.S. MARKETS
    • COMMODITIES
    • EMERGING MARKETS
    • DEALS
    • RATES & BONDS
  • WORLD
    • UNITED STATES
    • EUROPE
    • UNITED KINGDOM
    • ASIA PACIFIC
    • MIDDLE EAST
    • AFRICA
    • CHINA
    • INDIA
    • JAPAN
    • AMERICAS
    • FRANCE
    • GERMANY
  • POLITICS
    • GOVERNMENT
    • UNITED STATES
    • US SUPREME COURT
  • TECH
    • ARTIFICIAL INTELLIGENCE
    • CYBERSECURITY
    • SPACE
    • DISRUPTED
  • COMMENTARY
  • BREAKINGVIEWS
    • BREAKINGVIEWS PREDICTIONS
  • MONEY
    • WEALTH
    • FUNDS
    • ETFS
  • LIFE
    • LIFESTYLE
    • SPORTS
    • SCIENCE
  • SECTORS
    • ENERGY
    • HEALTHCARE
    • MEDIA & TELECOM
    • SUSTAINABILITY
    • ENVIRONMENT
    • RETAIL & CONSUMER
    • AUTOS & TRANSPORTATION
    • AEROSPACE AND DEFENSE
Home
Business
Energy

Biden awards $7 billion in hydrogen hub money to 16 states

October 13th, 2023 | 09:06 AM BUSINESS Energy 3

Facebook Twitter Google+ LinkedIn Pinterest

Worth reading...

Oil gains on Middle East supply concerns amid impasse in US-Iran war
Brazil's largest thermal power plant shut down after equipment failure
SLB, Formentera working to activate drilling rigs in Venezuela, executives say
Hungary's nuclear plant avoids shutdown as water level expected to stay high enough
By Reuters

The Biden administration has announced that seven proposed "hydrogen hubs" in 16 states will share $7 billion in federal grants to jumpstart the emerging industry, which officials hope will clean up some of the biggest carbon-emitting industrial sectors.

The regional hubs are networks of hydrogen producers and consumers that will be linked with new and existing infrastructure. The Biden administration wants to scale up clean hydrogen output to 10 million metric tons of the fuel by 2030 and 50 million tons by 2050, up five-fold from today.

The following is a list of the winning hydrogen hub proposals:

MID-ATLANTIC HUB

Pennsylvania, Delaware, New Jersey, awarded $750 million.

The money will help unlock hydrogen-driven decarbonization in the Mid-Atlantic and repurpose historic oil infrastructure. The project will develop renewable hydrogen production facilities powered by renewable energy and nuclear electricity.

Job creation expectations: 14,400 construction jobs and 6,400 permanent jobs.

APPALACHIAN HUB

West Virginia, Ohio, Pennsylvania, awarded $925 million.

This hub will seek to leverage the region’s ample access to low-cost natural gas to produce low-cost clean hydrogen and permanently and safely store the associated carbon emissions.

Job creation expectations: 18,000 construction jobs and more than 3,000 permanent jobs.

CALIFORNIA HUB

California, awarded $1.2 billion.

With the largest price tag, the California hub will leverage the state's existing clean energy technology to produce hydrogen exclusively from renewable energy and biomass. The administration hopes it will provide a blueprint for decarbonizing public transportation, heavy duty trucking, and port operations.

Job creation expectations: 130,000 construction jobs and 90,000 permanent jobs.

GULF COAST HUB

Texas, awarded $1.2 billion.

Centered in Houston, the energy capital of the U.S., the hub plans for large-scale hydrogen production through natural gas with carbon capture and renewables-powered electrolysis.

Job creation expectations: 35,000 construction jobs and 10,000 permanent jobs.

HEARTLAND HUB

Minnesota, North Dakota and South Dakota, awarded $925 million.

The hub seeks to leverage the region's energy resources to help decarbonize the agricultural sector's production of fertilizer, decrease the regional cost of clean hydrogen and advance the use of clean hydrogen in electric generation and for cold climate space heating.

Job creation expectations: 3,067 construction jobs and 703 permanent jobs.

MIDWEST HUB

Illinois, Indiana and Michigan, awarded $1 billion.

Centered in the U.S. industrial and transportation corridor, the hub will power steel and glass production, power generation, refining, heavy-duty transportation and sustainable aviation fuel.

Job creation expectations: 12,100 construction jobs and 1,500 permanent jobs.

PACIFIC NORTHWEST HUB

Washington, Oregon and Montana, awarded $1 billion.

This hub will make clean hydrogen exclusively from renewable sources. The administration hopes this hub's scale will play a key role in driving down electrolyzer costs and make hydrogen more affordable.

Job creation expectations: 8,050 construction jobs and 350 permanent jobs.

  • Topic
  • USA
  • HUBS
  • FACTBOX (FACTBOX)
  • ENERGY/HYDROGEN
Facebook Twitter Google+ LinkedIn Pinterest
Previous article Oil gains on Middle East supply concerns amid impasse in US-Iran war

Related Posts

Energy
August 20th, 2026

Oil gains on Middle East supply concerns amid impasse in US-Iran war

Energy
August 19th, 2026

Brazil's largest thermal power plant shut down after equipment failure

Energy
August 19th, 2026

SLB, Formentera working to activate drilling rigs in Venezuela, executiv...

Energy
August 19th, 2026

Hungary's nuclear plant avoids shutdown as water level expected to stay ...

Energy
August 19th, 2026

LG Energy, once fixed on EV batteries, jumps to Plan B

Energy
August 19th, 2026

Chilean miner SQM's shares rise after earnings beat, higher lithium outl...

The Wire
Aug 20th 1 h ago
Media & Telecom

'Baby Shark' boy returns to stage as a K-pop singer

Aug 20th 1 h ago
Litigation

SK Hynix to pay 60% of employee bonuses in company stock un...

Aug 20th 2 h ago
Asia Pacific

Outsider who could decide New Zealand's next government wan...

Aug 20th 2 h ago
Business

Aegon raises share buyback plan to 350 million euros

Aug 20th 2 h ago
Africa

South Africa's Exxaro half-year profit down 20%, cuts divid...

TRENDING ON FINANCETIME
Aug 20th, 2026 Cricket

Australia look for response to 'Darwin Disaster' in second Bangladesh test

Aug 20th, 2026 World

Russia strikes drone component facilities, other targets in Kyiv, defence ministry says

Aug 20th, 2026 Asia Pacific

China's Shanghai eases housing policies to spur demand

Aug 20th, 2026 Boards, Policy & Regulation

Fortescue hires law firm to investigate sexual harassment allegations against senior executive

Aug 20th, 2026 Transactional

Treasury's upsized buybacks may complicate Fed's monetary policy work

Markets-Sectors
BASIC MATERIALS +1.43%
UTILITIES +0.00%

  • BUSINESS
  • MARKETS
  • WORLD
  • POLITICS
  • TECH
  • COMMENTARY
  • BREAKINGVIEWS
  • MONEY
  • LIFE
  • SECTORS
  • Back to top
FinanceTime
FinanceTime

World Business & Financial News, Breaking US & International News

Additional Services
  • Privacy-Policy
  • Terms and Conditions
© Financetime.org 2026. All rights reserved. Hosted by LeadsDeposit.com
Produced by C-iT