$3 million to Cummins for PEM fuel cell systems for heavy-duty applications; $3 million to Plug Power for domestically manufactured fuel cells for heavy-duty applications; $4 million to the University of California, Irvine, for solid oxide electrolysis cells integrated with direct reduced iron plants for the production of green steel; $8 million to Hornblower Yachts for a marine hydrogen demonstrationā¦
āI think the most important thing is that we need to begin to build regional scale centers where we can begin to deploy these technologies in a serious way,ā [Cummins CEO] Linebarger said. āDeployment for storage, renewable storage, deployment for transportation and deployment for industry. I think Southern California is a good example but we need more of those placesā¦
American Electric Power, Con Edison, Dominion Energy, Duke Energy, Exelon Corporation, Lincoln Electric System, Los Angeles Department of Water & Power, Missouri River Energy Services, Mitsubishi Hitachi Power Systems, Americas, National Fuel, New York Power Authority, Portland General Electric, PPL Corporation, Salt River Project, SoCalGas, Southern California Edison, Southern Company, and the Tennessee Valley Authority
This decade will be crucial to scale up the industry and show the long-term policy support that is necessary to stimulate investor appetite and make it a big job creator for Americans. Some important policies include: Passing a national, economywide net-zero greenhouse gas emissions target by 2050 Accelerating the transition to zero-emission trucks and buses through emission standards, including theā¦
"Long-duration storage helps avoid the need to overbuild power generation infrastructure and provides electricity when people need it rather than only when nature provides it. At current technology costs, storage in underground caverns of green hydrogen generated by water electrolysis would provide a cost-effective approach for long-duration grid storage."