Author: By Hinicio
Date Published: 10 October 2023
Photo Cred: Sustainable Energy Council (Left to Right: Juan-Pablo Zuniga (Hinicio), Franklin Chang Diaz (Ad Astra Rocket Company), Maria Jose Gonzalez (Government of the Republic of Uruguay), Andre Magalhaes (Pecem Complex) and Guilherme Ricci (White Martins)
Energy production across the Americas is evolving, and hydrogen has become a crucial part of the solution to overcoming some of the main challenges of the energy transition. In this context, the U.S. has already taken the lead with its funding announcements, including the Inflation Reduction Act, which has so far reflected USD 200 billion in announced investments with over 150 projects in the clean energy, electric vehicle, and battery-related sectors. Additionally, the U.S. has officially launched its National Clean Hydrogen Strategy and Roadmap. These announcements are driving regions and countries such as the EU, Canada, and Australia to respond with their own funding schemes, demonstrating a clean energy and hydrogen race that will lead to 2024 being a defining year for the sector.