The Biden administration has made clear its intention to promote the transition to clean energy, setting ambitious goals like carbon neutrality for the
LADWP Joins HyDeal LA To Scale Green Hydrogen
(Credit: Green Hyrdrogen Coalition)
The Green Hydrogen Coalition in conjunction with the Los Angeles Department of Water and Power (LADWP) and other key partners, announced the launch of HyDeal LA, an initiative to achieve at-scale green hydrogen procurement at $1.50/kilogram in the Los Angeles Basin by 2030. HyDeal LA is a collaboration of developers, green hydrogen off-takers, integrators, equipment manufacturers, investors, and advisors coalescing to overcome the biggest barrier to the green hydrogen economy its high cost by launching a commercial green hydrogen cluster at scale.
Green hydrogen is an abundant, carbon-free, and safe energy carrier that can be produced from renewable electricity and water or organic waste. It can be used as a carbon-free fuel and can provide long-duration seasonal energy storage. When used as an alternative to fossil fuels, green hydrogen can enable deep decarbonization of hard-to-abate se
Dive Brief:
HyDeal Los Angeles, a green hydrogen initiative launched in Los Angeles on Monday, aims to bring the cost of hydrogen fuel to $1.50/kg by 2028. At that price, electricity from hydrogen-fired turbines would run about $35/MWh, estimates the Green Hydrogen Coalition, which launched the cooperative initiative.
In the project s first phase, set to take place over the next three months, the partners plan to identify potential industrial-scale applications for green hydrogen in the LA Basin and develop an infrastructure plan to connect them to hydrogen production and storage. Our hypothesis is, in a strategically targeted location, if you can aggregate offtakers you can scale up faster, said Janice Lin, founder and president of the Green Hydrogen Coalition. You can afford the infrastructure and reduce cost substantially.