08/21/2024 | Press release | Distributed by Public on 08/21/2024 15:29
MORGANTOWN, W.Va. - Today, U.S. Senator Shelley Moore Capito (R-W.Va.), Ranking Member of the Senate Environment and Public Works (EPW) Committee and a member of the West Virginia Hydrogen Hub Coalition, traveled to Morgantown, W.Va. where she participated in a ribbon cutting ceremony to celebrate the official award announcement for the Appalachian Regional Clean Hydrogen Hub (ARCH2) and the opening of their Program Office. ARCH2's Program Office is located within West Virginia University's (WVU) Innovation Corporation's facility.
"It was excellent to congratulate ARCH2 on securing the investment needed to launch the hydrogen hub and cut the ribbon on their Program Office in Morgantown today. The partners involved in today's celebration showcase the collaboration that helped to get this project off the ground, and marks an important step towards establishing a hydrogen network here in our country. ARCH2 is helping continue West Virginia's proud legacy of contributing to our nation's energy security in new and innovative ways. I will continue to support and advocate for the policies needed to help the hydrogen economy thrive," Ranking Member Capito said.
BACKGROUND:
A timeline of the West Virginia Hydrogen Hub Coalition's work on ARCH2 is available below:
The IIJAincluded $9.5 billion for hydrogen, including $8 billion for Regional Clean Hydrogen Hubs that will jumpstart the production, transport, and use of clean hydrogen across the U.S. economy; $1 billion for a Clean Hydrogen Electrolysis Program to reduce costs of hydrogen produced from clean electricity; and $500 million for Clean Hydrogen Manufacturing and Recycling initiatives to support equipment manufacturing and strong domestic supply chains. The legislation also requires one hub be located in Appalachia as the largest natural gas producing region.
Additionally, Senator Capito has pressed the U.S. Department of Treasury on their proposed guidance from the IRS regarding 45V tax credits for hydrogen, which would impose burdensome requirements that jeopardize the viability of future energy projects across the country. Read Senator Capito's full letter to the Treasury Department here.
Photos from today's event are included below:
U.S. Senator Shelley Moore Capito (R-W.Va.) provides remarks at ARCH2's ribbon cutting ceremony in Morgantown, W.Va. on Wednesday, August 21, 2024.
U.S. Senator Shelley Moore Capito (R-W.Va.) cuts the ribbon on ARCH2's Program Office in Morgantown, W.Va. on Wednesday, August 21, 2024.
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