"The Energy Department’s loan office announced yesterday that it intends to issue a half-billion-dollar guarantee to what it called a “first-of-its-kind” hydrogen project.
The $504 million for a Utah project is the third loan guarantee from the Biden administration, which has struggled to get its climate priorities through Congress but has tens of billions in loan authority to back innovative clean energy projects at the Department of Energy.
It is also the second award for a “clean hydrogen” project, underscoring the technology’s centrality to the administration’s climate plans and renewing questions about local emissions tied to renewable hydrogen."
Source: E&E News, 04/27/2022
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