Novel Mexico governor seeks hydrogen investment with day sprint back and forth to Netherlands

The governor of Novel Mexico has announced plans to court docket unique investments in hydrogen gasoline vogue at a enterprise summit within the Netherlands over the coming week

SANTA FE, N.M. — The governor of Novel Mexico has announced plans to court docket unique investments in hydrogen gasoline vogue at a enterprise summit within the Netherlands over the coming week.

In a records launch Friday, Gov. Michelle Lujan Grisham said she’ll lead a delegation to an industry summit exhibition within the port city of Rotterdam searching for the “opportunity to sell Novel Mexico as a dynamic and thriving put aside for hydrogen industry investment.” She led a an analogous mission closing year to Australia to talk with hydrogen entrepreneurs.

Lujan Grisham, a Democrat, has been a vocal proponent of investments in hydrogen as a transition gasoline that may perhaps well change fossil fuels with cleaner-burning hydrogen as an vitality source for vehicles, manufacturing and generating electricity.

Some atmospherealists name hydrogen a fallacious solution attributable to it gradually depends on natural gas as a gasoline source. Loads of Novel Mexico-primarily based totally teams appreciate resisted proposed bellow incentives for hydrogen vogue, citing concerns that it can perchance lengthen natural gas vogue and develop place a query to for scarce water presents.

Hydrogen also may perhaps well honest additionally be produced thru electrolysis — splitting water molecules using renewable vitality sources much like wind and solar vitality, along with nuclear vitality.

Novel Mexico is a main vitality producing bellow with broad natural gas reserves and wide most modern investments in electrical transmission strains aimed expanding renewable vitality production from sources including wind and solar.

The Biden administration closing year handed over a four-bellow expose by Novel Mexico, Colorado, Utah and Wyoming for a chunk of $7 billion aimed at kickstarting vogue and production of hydrogen gasoline. It selected as an change initiatives primarily based totally in California, Washington, Minnesota, Texas, Pennsylvania, West Virginia and Illinois.

The hydrogen summit in Rotterdam has an array of public an non-public sponsors. Lujan Grisham is traveling with put aside of enterprise workers, Novel Mexico cupboard secretaries for the atmosphere and transportation, and husband Manny Cordova. The Novel Mexico delegation also comprises Rob Dim, president of a statewide chamber of commerce.