Agencies seek construction sector support for project contracting and workforce execution, with billions in investment seen to expand options for drought-plagued water systems and other overburdened infrastructure.
Proposed EPA mandate's reliance on hydrogen and carbon capture evoked concern in comments sent by an Aug. 9 deadline, but supporters say investment in clean transition approaches already are well underway.
TIC, Sargent & Lundy, Mitsubishi lead team picked to build $1.2B hydrogen-capable Texas power plant, as U.S. Energy Dept. aims first half of infrastructure law funds to expand fuel's use and refine technology gaps some market observers see.
Ex-investment banker took a risk in 2019 on $500M Long Ridge project, betting that tech sector customers and others will embrace the new fuel as a draw to locate in a struggling Ohio region; as the energy transition unfolds, he says the gamble is set to pay off.
With political urgency, market incentive and technology aligning, this fossil fuel alternative is becoming more real than ever. What projects are in the pipeline and who's jumping on the bandwagon?