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Energy Business
Charley Rattan
Charley Rattan
Top Contributor
 · Posted in Energy Business

Agreement Reached to Build Appalachian Regional Clean Hydrogen Hub | ARCH2

Arch2

Agreement Reached to Build Appalachian Regional Clean Hydrogen Hub (ARCH2)

  • ARCH2 awarded up to $925 million over project lifetime to jumpstart a regional clean hydrogen economy.
  • Appalachian region will benefit from billions of dollars in public and private investments catalyzed by ARCH2.

MORGANTOWN, WV – July 31, 2024 – The Appalachian Regional Clean Hydrogen Hub (ARCH2) has executed a cooperative agreement with the U.S. Department of Energy (DOE) Office of Clean Energy Demonstrations (OCED) to receive up to $925 million in federally funded dollars to spearhead the development of a clean hydrogen hub in Appalachia. This federal funding will unlock billions of dollars in private sector investment to create thousands of well-paying jobs in Appalachia’s emerging hydrogen economy. In partnership with OCED, ARCH2 will create a clean, economically viable, and socially equitable hydrogen ecosystem within Appalachia, revitalizing local communities impacted by the energy transition.