AGDC hopes so as to add worth to Alaska LNG with hydrogen hub proposal [Gas in Transition]

Abstract

The corporate behind the proposed Alaska LNG venture is in search of to spice up the scheme’s longer-term worth with a plan to develop a associated hydrogen hub within the state. [Gas in Transition, Volume 2, Issue 11]

The Alaska Gasline Growth Corp (AGDC) continues its efforts to spice up the worth of its proposed Alaska LNG export venture in a bid to make sure it’s in the end constructed. On November 7, the corporate introduced that it had submitted an idea paper to the US Division of Vitality (DoE), outlining a proposal for a blue hydrogen manufacturing hub in Alaska.
Beneath the plan, hydrogen can be produced utilizing feedstock gasoline from Alaska LNG, whereas the related CO2 emissions can be sequestered. AGDC hopes to acquire federal funding underneath the 2021 Bipartisan Infrastructure Legislation, with the DoE set to pick 6-10 hydrogen hub proposals that shall be awarded as much as $7bn in funding on a mixed foundation. AGDC’s proposal anticipates requiring $850mn in DoE funding, alongside $3.75bn price of privat…