Secretary Granholm Launches Energy Earthshots Initiative to Accelerate Breakthroughs Toward a Net-Zero Economy; First Energy Earthshot Aims to Slash the Cost of Clean Hydrogen by 80% to $1 per Kilogram in One Decade

Currently, hydrogen from renewable energy costs about $5 per kilogram. By achieving Hydrogen Shot’s 80% cost reduction goal, we can unlock a five-fold increase in demand by increasing clean hydrogen production from pathways such as renewables, nuclear, and thermal conversion. This would create more clean energy jobs, reduce greenhouse gas emissions, and position America to compete in the clean energy market on a global scale.