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US Makes a US$20mm Bet on Natural Hydrogen Development

Updated: Nov 23, 2023

The recent surge in interest surrounding the discovery of naturally occurring hydrogen, often referred to as geologic, natural, gold, or white hydrogen, has prompted a noteworthy development from the US Department of Energy (DOE). It has committed up to US$20mm in funding to support the advancement of technologies capable of promoting cost-effective and environmentally friendly hydrogen generation beneath the Earth's surface. In a sector with only a handful of companies and limited financial and policy support, this DOE funding marks a significant milestone. It underscores the nation's determination to take a leading role in the development of natural hydrogen technologies.

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