This EDA investment supports the H2THEFUTURE, led by the greater new orleans development foundation coalition, with their proposal to build a green hydrogen energy cluster to decarbonize the south…

The Department of Commerce Economic Development Administration awarded a $500,000 project grant to the Greater New Orleans Development Foundation under the Economic Adjustment Assistance program (CFDA 11.307). The funding supports the H2TheFuture coalition's proposal to build a green hydrogen energy cluster and decarbonize the South Louisiana industrial corridor.

Specifically, the grant will coordinate and execute five interrelated projects: 1) a workforce training program; 2) a green hydrogen pilot program; 3) net-zero business development; 4) three R&D infrastructure projects in green hydrogen, carbon utilization and sequestration, and naval engineering; and 5) a new energy institute to coordinate stakeholders and incubate clean energy startups. The goals are to preserve traditional energy jobs through lower-carbon solutions and position the region as a leader in the emerging green hydrogen economy. The two-year grant period extends from December 2021 through December 2023.

This EDA investment supports the H2THEFUTURE, led by the greater new orleans development foundation coalition, with their proposal to build a green hydrogen energy cluster to decarbonize the south louisiana industrial corridor. If provided an implementation grant, the coalition proposes to coordinate and execute five interrelated projects to support the H2THEFUTURE strategy to catalyze the green hydrogen cluster's growth. The projects include: the preparing our workforce for energy renewal training program; green hydrogen end-to-end pilot program; net-zero business development; innovation by air, land & sea, three r & d infrastructure projects in green hydrogen, carbon utilization and sequestration, and naval engineering; and the new energy institute of america, which will be a physical hub of the green hydrogen cluster to coordinate stakeholders and incubate clean energy startups. The coalitions goals in south louisiana are: 1.) to preserve traditional energy jobs in lower-carb