Funding and Incentives
Understanding the financial landscape of hydrogen-related projects, detailing available funding options, grants, and incentives for advancing hydrogen technologies.
In the 88th Legislative Session, the Texas Hydrogen Alliance worked closely with its members to pass HB 4885 (Landgraf). Under this bill, a new hydrogen centric funding mechanism was created for the Texas Commission on Environmental Quality’s (TCEQ) Texas Emission Reduction Program (TERP). Funding opportunities for hydrogen vehicles, equipment and infrastructure will not be available for Texas fleets. The Texas Hydrogen Infrastructure, Vehicle, and Equipment (THIVE) grant program will have $16 million available for fleets transitioning to hydrogen from diesel. The goal of the Program is to reduce Nitrogen Oxide (NOx) emissions. For more information on TERP, visit Protect the Lone Star State – Texas Commission on Environmental Quality – www.tceq.texas.gov
News
FuelCell Energy Announces Debt Financing for its Naval Submarine Base Microgrid-Ready Project
HyVelocity Gulf Coast Hydrogen Hub Applies for U.S. Department of Energy Regional Clean Hydrogen Hub Funding
FAQs
Yes, in the 88th Legislative Session, HB 4885 (Landgraf) passed which includes the expansion of the Texas Commission on Environmental Quality (TCEQ) Texas Emission Reduction Program (TERP) with a $16 million incentive program for hydrogen vehicles, equipment, and infrastructure.