Full Title: Pathways to Commercial Liftoff: Clean Hydrogen
Author(s): Hannah Murdoch, Jason Munster, Sunita Satyapal, Neha Rustagi, Amgad Elgowainy, and Michael Penev
Publisher(s): US Department of Energy
Publication Date: March 20, 2023
Full Text: Download Resource
Description (excerpt):
These Pathways to Commercial Liftoff reports aim to establish a common fact base and ongoing dialogue with the private sector around the path to commercial liftoff for critical clean energy technologies. Their goal is to catalyze more rapid and coordinated action across the full technology value chain.
The U.S. clean hydrogen market is poised for rapid growth, accelerated by Hydrogen Hub funding, multiple tax credits under the Inflation Reduction Act (IRA) including the hydrogen production tax credit (PTC), DOE’s Hydrogen Shot, and decarbonization goals across the public and private sectors. Hydrogen can play a role in decarbonizing up to 25% of global energy-related CO2 emissions, particularly in industrial/chemicals uses and heavy-duty transportation sectors. Achieving commercial liftoff will enable clean hydrogen to play a critical role in the Nation’s decarbonization strategy.