Country could develop about 125GW of new renewable energy sources by 2030 for hydrogen manufacture, with $2.4 billion in new public funding announced for electrolyzers it hopes will produce up to 5 million metric tons per year.
U.S. Energy Dept. picks 33 hub proposals out of 79 submitted that it says are the strongest candidates for federal funding infusion, but agency declines to release names or plan details.
Balfour Beatty announced December agreement with US developer Holtec to support its plan to deploy 32 SMR units by 2050 that would amount to a capacity of 5.1 GW, with construction of the first to start in 2028.