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Department of Energy Invests $20 Million in Hydrogen Production

Early this week, the Department of Energy awarded $20 million in funding to ten new projects aimed to advance hydrogen production and delivery technologies. The selected projects will in some way aid the widespread commercialization of various fuel cell technologies, most notably including fuel cell electric vehicles.

The Department of Energy funding was allocated to six hydrogen production R&D projects and four hydrogen delivery R&D projects. The selected hydrogen production technologies range from the development of a reactor for hydrogen production from bio-derived liquids to various solutions for direct water splitting. Awardees include the University of Hawaii, the National Renewable Energy Laboratory, and the University of Colorado.

Furthermore, the hydrogen delivery R&D projects include the development of a high pressure hydrogen dispenser for fuel cell electric vehicle fueling and a low cost high pressure hydrogen storage vessel. The four awardees were the Southwest Research Institute, Nuvera Fuel Cells, Inc., Oak Ridge National Laboratory, and Wiretough Cylinders, LLC.

To read more about the Department of Energy’s investment in these projects, please see their press release.

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Author

Sahir Surmeli

Member / Co-chair, Energy & Sustainability Practice

Sahir Surmeli is a Mintz business counselor who advises companies, boards, entrepreneurs, investment banks, and venture and private equity investors as they grow. He handles public offerings, 144A and private financings, acquisitions, joint ventures, and strategic partnerships.