Williams Selected to Participate in Two Clean Hydrogen Hubs
17 Octubre 2023 - 3:15PM
Business Wire
- U.S. Department of Energy selects the Pacific Northwest
Hydrogen and Appalachian Regional Clean Hydrogen Hubs for
investment and development, two hubs that Williams has partnered to
develop as regional hydrogen hubs
- As one of the nation’s leading energy infrastructure providers,
Williams is committed to leveraging our expertise and assets to
advance the potential development of a hydrogen energy economy
Williams (NYSE: WMB) continues to advance efforts to
commercialize a clean hydrogen economy, following the U.S.
Department of Energy’s (DOE) announcement that Williams is a
participant in two hydrogen hubs. The two hubs – one in the Pacific
Northwest and the other in Appalachia – were selected to begin
award negotiations with the DOE’s Office of Clean Energy
Demonstrations.
“Williams is excited to play a key part in these hydrogen hubs
and I congratulate our teams for their ingenuity and expertise in
leveraging natural gas infrastructure to advance the emerging
hydrogen energy space,” said Chad Zamarin, Executive Vice President
for Corporate Strategic Development at Williams. “As one of the
largest energy infrastructure providers in the United States, our
strategy is centered upon the belief that we can only achieve the
ambitions of scaling new energy technologies through leveraging our
existing energy ecosystem. Our natural gas infrastructure is a
national treasure and must serve as a springboard for developing
the energy solutions of the future.”
The DOE received over 79 applications for the Regional Clean
Hydrogen Hubs Program, 33 of which were encouraged to make full
applications, and seven of which were chosen to receive $7 billion
in funding. Williams is proud to be part of two of the seven hubs
selected: The Pacific Northwest Hydrogen Hub and the Appalachian
Regional Clean Hydrogen Hub.
The Pacific Northwest Hydrogen Hub is focused on reducing the
emissions of hard-to-abate sectors such as transportation, energy
storage, ports, agriculture and industrial operations. Williams was
named as a sub-recipient of DOE funding and plans to build hydrogen
pipelines to safely and reliably transport clean hydrogen to
advance the decarbonization of key energy consumers.
The Appalachian Clean Hydrogen Hub intends to leverage the
region’s ample access to low-cost natural gas to produce low-cost
clean hydrogen and permanently and safely store associated carbon
emissions. The hub will include the development of hydrogen
pipelines, multiple hydrogen fueling stations, and permanent CO2
storage to drive down the cost of hydrogen distribution and
storage. As part of the DOE program, Williams will leverage its
footprint and partnership opportunities in the region where
Williams has a large natural gas gathering, processing and
transportation presence.
About Williams
As the world demands reliable, low-cost, low-carbon energy,
Williams (NYSE: WMB) will be there with the best transport, storage
and delivery solutions to reliably fuel the clean energy economy.
Headquartered in Tulsa, Oklahoma, Williams is an industry-leading,
investment grade C-Corp with operations across the natural gas
value chain including gathering, processing, interstate
transportation, storage, wholesale marketing and trading of natural
gas and natural gas liquids. With major positions in top U.S.
supply basins, Williams connects the best supplies with the growing
demand for clean energy. Williams owns and operates more than
33,000 miles of pipelines system wide – including Transco, the
nation’s largest volume natural gas pipeline – and handles
approximately one third of the natural gas in the United States
that is used every day for clean-power generation, heating and
industrial use. Learn how the company is leveraging its nationwide
footprint to incorporate clean hydrogen, NextGen Gas and other
innovations at www.williams.com.
Portions of this document may constitute “forward-looking
statements” as defined by federal law. Although Williams believes
any such statements are based on reasonable assumptions, there is
no assurance that actual outcomes will not be materially different.
Any such statements are made in reliance on the “safe harbor”
protections provided under the Private Securities Reform Act of
1995. Additional information about issues that could lead to
material changes in performance is contained in Williams’ annual
and quarterly reports filed with the SEC.
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Caroline Sardella (918) 230-9992
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