Plug Power Inc. is working with New York officials on possibly creating a federally backed hydrogen hub as states vie for $8 billion in U.S. funding for the clean-fuel projects.
The federal infrastructure package signed into law last year set aside $8 billion to create at least four hydrogen hubs nationwide, as part of President Joe Biden’s efforts to fight climate change. Companies in each hub would produce and use the clean-burning fuel, which is seen as key to decarbonizing heavy industry. Plug Power, based near Albany, New York, is already building a plant northeast of Buffalo to produce “green hydrogen,” which is stripped from water using renewable electricity and gives off no greenhouse gases during its production or use. Plug also has a facility making electrolyzers - the machines that separate hydrogen from water - in Rochester.