Hydrogen Rising: It Really is Infrastructure Week! Congress Passes Historic Infrastructure Bill Offering Massive Opportunities for the Build Out of the Hydrogen Economy.
Late Friday night, 5 November 2021, the U.S. House of Representatives voted on a bipartisan basis in favor of the Senate-passed Infrastructure Investment and Jobs Act (IIJA), sending the landmark and signature piece of legislation to President Biden for his signature. The US$1.2 trillion bill includes US$550 billion in new spending, touching all aspects of infrastructure in America.
And the growing hydrogen industry is a big winner in the IIJA.
In this episode of Hydrogen Rising, co-hosts David Wochner from K&L Gates and Sandra Safro from the Edison Electric Institute are joined by Laurie Purpuro, Government Affairs Advisor at K&L Gates and former Senior Advisor to the U.S. Secretary of Energy, to discuss the politics of what just happened, and to review each provision of the IIJA that will benefit the hydrogen industry. From clean buses and ferries to electrolyzer investment to US$8 billion for clean hydrogen hubs to vehicle fueling infrastructure, there is something in the new law that will benefit nearly every aspect of the hydrogen value chain. Importantly, the new law includes a definition of “clean hydrogen” that will lead some industry participants to cheer, while likely igniting frustration in others.
It's all here! Listen in as we walk through the new law provision-by-provision.