The DOE recently announced seven clean hydrogen hubs eligible for a combined $7 billion in public funding (Figure 1). Each hub developed a unique hydrogen production strategy that was chosen to best utilize the regionally available resources such as renewable energy type and quality, nuclear availability, existing infrastructure and carbon sequestration basin viability.
Across these metrics, the Gulf Coast’s HyVelocity hub stands out above the rest with excellent renewable energy resources in western Texas, extensive CO2 and H2 pipeline and storage infrastructure, and world-class carbon sequestration basins. Furthermore, the Gulf Coast is home to the highest concentration of primary hydrogen use cases which include refining, ammonia, petrochemical and steel production, and power generation. Enverus Intelligence® Research (EIR) estimates the HyVelocity hub is surrounded by the largest number of these brownfield facilities within a 30-mile radius (70), followed by the Mid-Atlantic Clean Hydrogen Hub (49) and the Midwest Alliance for Clean Hydrogen hub (46).
Highlights from Energy Transition Research
Energy transition – A layered landscape of U.S. opportunities – A colorful and interactive map highlighting the most influential components of the U.S. energy transition through multiple layers. From hydrogen and CCUS projects to transmission lines and EV charging stations to high water stress and biodiversity risk areas, this interactive document provides a sophisticated view of the risks and opportunities that make up the future of energy.
BLK invests $550 million in OXY’s inaugural commercial DAC project – Earlier in November, global investment firm BlackRock partnered with OXY in the company’s trailblazing commercial direct air capture (DAC) facility Stratos being constructed in Ector County, Texas, within the Permian Basin.
Class VI permits enhanced – Emissions insights to injection expectations – EIR analyzes data from its updated Class VI permit tracker, which includes new entries like CO2 source location, facility details, approval dates and disclosed injection volumes. This report delves into current permit activity timelines, offers insights into emission and transportation options near project locations, and identifies trends in the permitting process.
About Enverus Intelligence®| Research
Enverus Intelligence® | Research, Inc. (EIR) is a subsidiary of Enverus that publishes energy-sector research focused on the oil, natural gas, power and renewable industries. EIR publishes reports including asset and company valuations, resource assessments, technical evaluations and macro-economic forecasts, and helps make intelligent connections for energy industry participants, service companies and capital providers worldwide. EIR is registered with the U.S. Securities and Exchange Commission as a foreign investment adviser. Click here to learn more