An energy hub that will include new wind power, new transmission and new electrolysis facility. Site includes existing water, rail, interstate highways, major natural gas infrastructure.
Start of project development
KEY SUCCESS FACTORS
PROJECT DEVELOPMENT PHASE
- Business model/business case development
Building a reliable, scalable financial model for the project
- Technological readiness/technological performance (e.g. availability, efficiency, duration/lifetime)
A key success factor is the availability of electrolyzers at the scale and price point required to commence construction of the project.
- Regulatory provisions
The absence of any tax incentives like those applied to other segments of the energy industry. A federal bill for such an incentive has been introduced.
COMMERCIAL AND FINANCING PHASE
- Putting a de-risking framework in place
Not prepared to offer definitive commercial terms yet.
- Securing customer commitments to de-risk the financial model
Not prepared to offer firm pricing at this time.
N.A.: Not available. This is possible due to two reasons: a) the Hydrogen Valley chose to not publicly display the data or b) the Hydrogen Valley did not answer the specific question in the associated survey.