Award Wednesday Announcement! This week, OCED awarded two projects to begin Phase 1 planning and development activities: Regional Clean Hydrogen Hubs Program: OCED awarded the California Hydrogen Hub—led by ARCHES H2—with $30 million for the first tranche of funding (of the total project federal cost share of up to $1.2 billion). The California Hydrogen Hub aims to create a network of clean hydrogen production sites that incorporate multiple facilities at California ports, with the ultimate goal of decarbonizing public transportation, heavy duty trucking, and port operations by 2 million metric tons per year—roughly the equivalent to annual emissions of 445,000 gasoline-powered cars. Long-Duration Energy Storage Demonstrations (LDES) Program: OCED awarded Columbia Energy Storage Project—led by Alliant Energy—with more than $7 million for the first tranche of funding (of the total project federal cost share of up to $30.7 million). Alliant Energy plans to construct a grid-tied compressed carbon dioxide (CO2) LDES system at the Columbia Energy Center, a soon-to-be retired coal-fired power plant in Pacific, WI. Learn more: https://lnkd.in/eQrpiEbb To stay up to date on all future awards, funding opportunities, news announcements, upcoming events, and more, sign up here: https://lnkd.in/eDJVVENA
Two innovative projects. Hoping for successful outcomes!
Great news!
Fantastic!!
Great news!
Impact Investor/Entrepreneur in Response to Climate Change & Decarbonization
1moGo ARCHES….!!!! Let’s roll…!!