Jericho Energy Ventures-Associated HALO hydrogen hub poised for success
Published by Poppy Clements,
Editorial Assistant
Global Hydrogen Review,
The recent analysis was conducted by Rystad Energy, an independent energy research and business intelligence firm. This analysis places the HALO Hydrogen Hub at an impressive second position within a compilation of the ten hydrogen hubs projected to achieve success in securing funding.
The US DOE's H2Hubs initiative entails the allocation of up to US$7 billion in financial support to facilitate the establishment of six to 10 regional clean hydrogen hubs across the country. The DOE is anticipated to unveil the recipients of H2Hubs funding during the Q323.
In accordance with Jericho Energy Venture's prior announcement, the company is a proud stakeholder in the HALO Hub, which embodies a bipartisan consortium spanning the US states of Oklahoma, Arkansas, and Louisiana. Distinguished partners in the HALO Hub project include Air Products, Baker Hughes, Cherokee Nation, GE, NextEra, and Woodside, among others.
The HALO Hub's initial concept proposal was formally submitted to the DOE in November 2022. Out of a total of 79 hydrogen hubs that submitted initial proposals, the DOE shortlisted 33, including the HALO Hub, to present full applications in the pursuit of potentially securing up to US$1.25 billion each in federal funding. On 6 April 2023, the HALO Hub submitted its full application, effectively showcasing the multi-state coalition's diverse assets throughout the hydrogen value chain encompassing feedstock, production, transportation, delivery, storage, and ultimate utilisation.
On 3 August 2023, Jericho announced a notable milestone: a prominent US university's decision to procure and deploy Jericho's zero-emission DCC™ hydrogen-fuelled steam boiler within its district heating system. This move signifies a first stride in the decarbonisation of the district heating sector.
Read the article online at: https://www.globalhydrogenreview.com/hydrogen/11092023/jericho-energy-ventures-associated-halo-hydrogen-hub-poised-for-success/
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