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.

ReutersTimothy Gardner

#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...

FuelCellsWorksFuelCellsWorks

More news:

‘We will reduce the cost of green hydrogen to $1/kg by 2025’, says electrolyser maker chairman | Recharge

Ohmium chairman and investor Ahmad Chatila says price will be achieved in India “utilising the government’s proposed policies”

Recharge | Latest renewable energy newsLeigh Collins (l_collins)

Israeli firm to build country’s first green hydrogen project

The facility, located in Kibbutz Yotvata, would generate the green hydrogen for use in industrial infrastructures like transportation systems and industrial plants.

The Jerusalem PostJERUSALEM POST STAFF

UW’s SER Receives Funding From DOE for Clean Hydrogen Research

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…

KGWNAaron Brown