1 April 2024
The U.S. Department of Energy’s $6 billion investment in the Industrial Demonstrations Program aims to decarbonise key industries by advancing technologies like clean hydrogen and carbon capture.
“This historic investment in industrial decarbonisation is great for our economy—and a great example of how ambitious public-private partnerships can accelerate climate progress.”
“I’m also encouraged to see private sector collaboration in many projects, highlighting the opportunity for incumbents with industry expertise to work hand in hand with startups bringing new technical solutions.” – Bill Gates.
The funding signifies potential opportunities for companies such as HyTerra, through increased demand and support for hydrogen advancement.
