A week in Green Hydrogen: Biden administration support hydrogen project, South Korea launched Hydrogen Trucks and more!

A week in Green Hydrogen: Biden administration support hydrogen project, South Korea launched Hydrogen Trucks  and more!

#1 Biden administration support Monolith Nebraska LLC

Biden administration supports Monolith Nebraska LLC with a $ 1.04 billion conditional loan guarantee for a green hydrogen project. Monolith works on Turquoise hydrogen project. At the moment they work on methane pyrolysis with 100% renewable energy where natural gas converts to hydrogen and carbon black. Unlike Steam Methane Reforming, the methane pyrolysis process does not emit CO2, it produces solid carbon and Hydrogen. Further, since they use 100% renewable source for heat which make the process more carbon neutral. And they want to go further and they are planning a step forward by switching to renewable natural gas as a hydrocarbon source for the pyrolysis process. The loan guarantee will speed up their progress and make sure 1000s of constructions jobs and 75 permanent positions.

Biden administration offers $1 bln loan guarantee for hydrogen project
The Biden administration said on Thursday it has offered Monolith Nebraska LLC an up to $1.04 billion conditional loan guarantee for a project to make clean hydrogen, in its first use of an office that has tens of billions of dollars in financing.

#2 South Korea launched Hydrogen Trucks

As part of a government campaign to achieve carbon neutrality, South Korea launched a funding program to test cargo trucks powered by hydrogen fuel cells in logistics services

S. Korea Tests Hydrogen Cargo Trucks For Actual Logistics Services
SEOUL -- South Korea launched a government-sponsored program to test cargo trucks powered by hydrogen fuel cells...
They have a driving range of about 570 kilometers (354 miles) on a single charge

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The technology is safe, cheap and has a 95% efficiency rate, and it even won Shell's New Energy Challenge last winter.
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he U.S. Department of Energy’s (DOE) Office of Fossil Energy and Carbon Management recently granted up to $644,000 for the University of Wyoming School of Energy Resources (SER) to assess the economic impacts of fossil energy production in Wyoming and evaluate opportunities and research needs to dep…

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