The Biden administration’s vision for wider adoption of hydrogen accelerated in June with the announcement of a $504 million loan to finance construction of an innovative carbon-emission-free hydrogen production and storage facility in Utah. Also in June, the Department of Energy detailed plans for spending $8 billion in public funding to create up to 10 regional hydrogen “hubs,” which were called for in last year’s bipartisan Infrastructure Investment and Jobs Act.The loan to the Advanced Clean Energy Storage (ACES) project in Delta, Utah, will finance construction of what project officials say will be the world’s largest green-hydrogen production and storage installation when completed in 2025. Green hydrogen is produced with no carbon dioxide emissions by water electrolysis powered with renewable sources. The Utah project’s storage capacity of 5500 tons will be…
