Jigar Shah is currently Director, Loan Programs Office at US Department of Energy, where he has $40B of authority within manufacturing, innovative project finance, and tribal energy. But that’s just the most recent chapter in his career as a clean energy leader. Shah sat down with CleanTech Talks recently for a broad ranging discussion of the practical challenges of transforming the US grid in line with 2035 targets. This is the summary of part 2, but for those just arriving at the discussion, here’s part 1.
The economics of the Utah hydrogen project that the DOE loans program office recently funded are an interesting point of discussion. That project received over $500 million from the program to initially construct 220 MW of alkaline electrolyzers with the plan to inject the hydrogen into two pre-existing salt caverns. Combined cycle gas turbines would run on natural gas…