Air Liquide Is a Partner in Six out of Seven Hydrogen Hubs Announced by the DOE in the U.S.
October 19 2023 - 11:45AM
Business Wire
Regulatory News:
In the context of the U.S. government’s announcement to
support seven regional Clean Hydrogen Hubs to accelerate low-carbon
hydrogen development, Air Liquide (Paris:AI) is a partner in a
record 6 out of the 7 Hubs. This achievement is a recognition of
Air Liquide’s commitment to hydrogen development. Air Liquide’s
participation in these regional hubs support its ambition to create
a reliable hydrogen network in the industry and bring it to
scale.
Air Liquide will bring its over 60 years of experience along the
entire hydrogen value chain and apply its expertise in production,
liquefaction, distribution, storage and end-use technologies to
meet the specific needs of each region. In order to support the
establishment of a nationwide hydrogen network in the U.S,
companies have had the opportunity to participate within the
Hydrogen Hubs program either as partners with supporting projects,
or as supporters who provide their insight and expertise.
As a core industry sponsor with a project in the
HyVelocity Hub (Gulf Coast), Air Liquide will work with its
partners to optimize the Gulf Coast’s existing energy assets to
develop hydrogen projects that benefit Texas, Southwest Louisiana,
and the surrounding region.
Also a partner with projects in the PNWH2 Hub
(Pacific Northwest), ARCH2 Hub (Appalachia) and MACHH2
Hub (Midwest), Air Liquide is committed to advancing the clean
energy transition and establishing the necessary transport
infrastructure to increase the accessibility of hydrogen through
the region.
In addition, Air Liquide is also a partner of the
Alliance for Renewable Clean Hydrogen Energy Systems in California
(ARCHES) network and partner of the Mid-Atlantic Clean
Hydrogen Hub (MACH2™). As a partner, Air Liquide has the
opportunity to provide its expertise and work alongside the other
partners to shape the infrastructure for hydrogen production,
transportation, and distribution, which is essential for the growth
and sustainability of the market.
All the Hubs selected for funding negotiation by the DOE, to
receive up to 7 billion USD in Bipartisan Infrastructure Law (BIL)
funding, aim to drive the establishment of a nation-wide hydrogen
network to accelerate the use of hydrogen in the U.S. energy
transition.
“A robust U.S. hydrogen market is key to advancing the
transition to a low-carbon economy,” said Matthieu
Giard, Chief Executive Officer of the Americas Hub.
“Aligned with its ADVANCE strategy, Air Liquide is proud to be a
partner in six of the selected Hydrogen Hubs and to deliver on the
promise of low-carbon solutions. With programs like the Hydrogen
Hubs, the U.S. is well positioned to foster hydrogen innovation.
Today, as many sectors of the Industry are tackling decarbonation,
and are strategically poised to employ the environmental and
economic benefits of hydrogen, we are looking forward to working
with our partners to develop these Hubs and support the
establishment of a mature domestic hydrogen market.”
Air Liquide in
the United States
Air Liquide employs more than 20,000
people in the U.S. in nearly 1,400 locations and plant facilities
including a world-class R&D center. The company offers
industrial and medical gases, technologies and related services to
a wide range of customers in energy, petrochemical, industrial,
electronics and healthcare markets. More information about Air
Liquide’s work in the Hydrogen Hubs program is available online on
the Air Liquide Hydrogen Hub Gateway.
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A world leader in gases, technologies and services for Industry
and Health, Air Liquide is present in 73 countries with
approximately 67,100 employees and serves more than 3.9 million
customers and patients. Oxygen, nitrogen and hydrogen are essential
small molecules for life, matter and energy. They embody Air
Liquide’s scientific territory and have been at the core of the
company’s activities since its creation in 1902.
Taking action today while preparing the future is at the heart
of Air Liquide’s strategy. With ADVANCE, its strategic plan for
2025, Air Liquide is targeting a global performance, combining
financial and extra-financial dimensions. Positioned on new
markets, the Group benefits from major assets such as its business
model combining resilience and strength, its ability to innovate
and its technological expertise. The Group develops solutions
contributing to climate and the energy transition—particularly with
hydrogen—and takes action to progress in areas of healthcare,
digital and high technologies.
Air Liquide’s revenue amounted to more than 29.9 billion euros
in 2022. Air Liquide is listed on the Euronext Paris stock exchange
(compartment A) and belongs to the CAC 40, CAC 40 ESG, EURO STOXX
50, FTSE4Good and DJSI Europe indexes.
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