During the regular 2022 Legislative Session, which begins next month, Gov. Michelle Lujan Grisham’s administration made a burgeoning hydrogen energy business a top goal.Lujan Grisham unveiled the Hydrogen Hub Act earlier this year, a measure that would be submitted during the 30-day Legislative Session in January to assist the state’s hydrogen industry growing.Budgetary concerns are usually the focus of thirty-day sessions, although the governor has the authority to select other priorities.
She stated that she aimed to make New Mexico a leader in the development of hydrogen energy in the United States, as part of a larger objective to wean the state and country off of oil and gas and address the effects of pollution on climate change.
The Act would give financial incentives to corporations seeking to build hydrogen power in New Mexico, requiring that such projects be below a defined carbon emission level that would decline every two years.For hydrogen produced using freshwater, such incentives would not be accessible, and the legislation would also establish worker training programs for the business in New Mexico.”World leaders recognize the great potential for our economy and environment that cleans hydrogen has,” Lujan Grisham added. “
However, the moment for action has arrived, and my administration is dedicated to supporting a clean hydrogen economy that will enable New Mexico to achieve net-zero emissions by 2050.”The NMED (New Mexico Environment Department) declared in December around 7.6 USD million in grant money for emission reduction initiatives in the transportation industry, with a preference for hydrogen-based on automotive sector trends.