Energy & Water
What’s happening? NM is one of 4 locations receiving federal funding as a hydrogen hub. It is in the process of transforming the coal-fired Escalante Generating Station into a hydrogen production and generating facility. Libertad Power is constructing the state’s first newly-built hydrogen production and generating facility to be up and running by 2025. BayoTech Inc. has mobile generating facilities.
Why is this important? NM lists these attributes as the reasons it is well positioned to be a carbon hub:
How will this be important? Beyond oil & gas industry of carbon storage and capture. Being a carbon hub will include state Legislation that will:
GOVERNING & Albuquerque Journal | New Mexico Wants to Be the Nation’s First Hydrogen Hub
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