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Sempra s SoCalGas, Los Angeles Utility Partner in Hydrogen Initiative

LADWP Joins HyDeal LA To Scale Green Hydrogen

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

LADWP Joins at-Scale Green Hydrogen Initiative HyDeal LA

LADWP Joins HyDeal LA, Targets Green Hydrogen at $1 50/kilogram by 2030

LADWP Joins HyDeal LA, Targets Green Hydrogen at $1 50/kilogram by 2030
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30 European companies form HyDeal Ambition project to deliver 95GW of solar & 67GW of hydrogen

16 February 2021 A consortium of 30 European energy companies and financial institutions have launched the HyDeal Ambition project, which aims at delivering 100% green hydrogen across Europe at a price of just €1.5/kg before 2030 by building 95GW worth of solar capacity and 67GW worth of hydrogen electrolysis capacity. HyDeal Ambition is the result of 2 years of research and confidential preparation by 30 European energy players, and the targeted price of €1.5/kg ($AU2.3/kg) includes the production of, transmission, and storage of green hydrogen. One of the primary purposes of HyDeal Ambition is to deliver green hydrogen to customers at cost-parity with fossil fuel competitors, helping to make the transition to a carbon-neutral economy a much easier prospect.

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