Establishes a Hydrogen Technologies for Heavy Industry Demonstration Program under the Energy Policy Act of 2005.
Defines “low-income or disadvantaged community” based on median household income relative to the state average.
Mandates the Secretary to create the program within 180 days of enactment, providing grants or cooperative agreements for hydrogen applications in various heavy industries.
Identifies specific industrial sectors eligible for funding, including iron, steel, cement, glass, ammonia production, and more.
Aims to support the adoption of hydrogen as an emissions reduction technology in heavy industry.
Grants will be awarded on a competitive basis, with a maximum amount of $400 million per project.
Requires applicants to demonstrate how their projects will reduce greenhouse gas emissions.
Prioritizes projects with significant emissions reduction potential, diverse hydrogen applications, and benefits to low-income communities.
Allows funding for engineering and design studies prior to project grants.
Authorizes $1.2 billion for the program from fiscal years 2025 to 2029.
Requires a joint study by the Secretaries of Energy, Commerce, and Transportation within 270 days of enactment to assess hydrogen’s emissions reduction potential and safety considerations in industrial applications.