Air Liquide Is a Partner in Six out of Seven Hydrogen Hubs Announced by the DOE in the U.S.

19 Oct 2023 17:45 CEST

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.”

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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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