Green hydrogen could fuel Gulf of Mexico wind build as ‘logical next step’ in US offshore: Aegir

Growing interest in development of the Gulf of Mexico’s (GoM) offshore wind resource could be fuelled increasingly by US climate law incentives for production of green hydrogen, according to a new report from Copenhagen-headquartered analyst group Aegir Insights. The GoM region, particularly Texas and Louisiana, is already a national hub for production of grey hydrogen – derived from fossil gas without carbon capture – consuming 90% of America’s current supply in its massive industrial chemical, fertiliser, and oil refinery sectors. But with new, long-term tax credits built in to the US Inflation Reduction Act (IRA) signed by President Joe Biden in August and the opportunity to apply for funding to establish ‘clean hydrogen’ hubs under the federal H2 Hubs programme, “green hydrogen production is poised to be the main driver and off-take route for offshore wind in the…

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