The Advanced Clean Energy Storage Project has been invited to apply for $595m of financing from US Department of Energy (DOE) for its Proposed Hydrogen Hub and Long-duration Renewable Energy Storage Project.
The project could be the world’s largest industrial green hydrogen production and storage facility, with targets of building more than 1GW of electrolysis facilities capable of producing more than 450 metric tonnes per day of green hydrogen.
A collaboration of Mitsubishi Power Americas and Magnum Development the proposed project will be sited in Delta, Utah. The green hydrogen hub is part of a broad effort to support decarbonisation efforts across the western US. The DOE programme finances projects that accelerate commercial deployment of innovative energy technology that avoids, reduces, or sequesters greenhouse gas or air pollutant emissions.
The hydrogen would be stored in the Advanced Clean Energy Storage Project’s salt caverns, which are natural geological formations providing safe, reliable, and cost-effective bulk storage of hydrogen.
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