NewHydrogen, Inc. (NewHydrogen), a developer of green hydrogen technologies, has commented on the recent passage of the Infrastructure Investment and Jobs Act (IIJA), which includes historic investments in clean hydrogen programmes. The company anticipates broad industry opportunities for green hydrogen technologies, such as the one the company is currently developing.
The programme establishes a clean energy strategy and roadmap for the US that includes more than US$550 billion in new federal investment in the country’s infrastructure. This includes clean energy and climate programmes, cutting greenhouse gas pollution and improving water and air conditions. In particular, the clean hydrogen plan is focused on applications for green hydrogen, which does not use fossil fuels and is produced from domestically available renewable energy sources such as wind, solar and geothermal resources.
NewHydrogen is developing an electrolyser technology to lower the cost of green hydrogen. The research and development is performed at UCLA through a sponsored research programme, which is focused on reducing and replacing rare earth materials such as platinum and iridium, literally stardust found only in asteroids. These materials account for nearly 50% of the cost of modern proton exchange membrane electrolysers.
Part of the Infrastructure Investment and Jobs Act establishes a grant programme to strategically deploy publicly accessible hydrogen fuelling and electric vehicle (EV) infrastructure, including creating designated alternative fuel corridors accessible to all drivers of vehicles powered by clean energy. The plan also establishes regional clean hydrogen hubs to demonstrate new technology and accelerate the commercialisation of clean hydrogen.