46VC Blog

Writings from our team on industry trends,
our favorite resources and firm updates.

The HALO Project and Future of the Hydrogen Economy

As you’ve likely noticed from the media, there’s a huge amount of momentum around hydrogen and its potential as a clean energy solution. This momentum is largely fueled (no pun intended) by the passing of the Bipartisan Infrastructure Deal, which was signed into law back in November 2021. One of the 60 programs outlined in the Bipartisan Infrastructure Law includes the Regional Clean Hydrogen Hubs program (commonly referred to as H2Hubs). The Department of Energy (DOE) will establish and grant funding to between six to ten proposed H2Hubs across the nation.

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HALO Hydrogen Hub activity is picking up in Oklahoma

Bids not even due on Federal funding for the regional Hydrogen Hubs and serious activity is picking up in Oklahoma. Last week, Nel ASA, a Norwegian electrolyzer manufacturer, announced that it has been awarded a 600M NOK contract to supply alkaline electrolyzers to Woodside’s Oklahoma hydrogen project.

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