ARTICLE
10 January 2023

Foley's Texas Government Solutions Team – Helping Drive Hydrogen Expansion

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Foley & Lardner

Contributor

Foley & Lardner LLP looks beyond the law to focus on the constantly evolving demands facing our clients and their industries. With over 1,100 lawyers in 24 offices across the United States, Mexico, Europe and Asia, Foley approaches client service by first understanding our clients’ priorities, objectives and challenges. We work hard to understand our clients’ issues and forge long-term relationships with them to help achieve successful outcomes and solve their legal issues through practical business advice and cutting-edge legal insight. Our clients view us as trusted business advisors because we understand that great legal service is only valuable if it is relevant, practical and beneficial to their businesses.
Recently, McKinsey published a study for the Center for Houston's Future predicting that hydrogen could add an estimated $100 billion to Texas' GDP, which is equivalent to 6% of Texas' 2019 GDP.
United States Energy and Natural Resources

Recently, McKinsey published a study for the Center for Houston's Future predicting that hydrogen could add an estimated $100 billion to Texas' GDP, which is equivalent to 6% of Texas' 2019 GDP. Texas is already the largest producer of hydrogen in the United States-producing more hydrogen than all other 49 states combined for use in the refinery and chemical industry. The potential for development of hydrogen is focused on these primary areas -- energy storage, export fuels, industrial applications, heavy weight truck transportation and power generation.

Foley & Lardner's Texas Government Solutions practice group has been working with an advocacy group of hydrogen related companies called the Texas Hydrogen Alliance (THA). THA members comprise a widely diverse group of companies in the hydrogen economy from production, manufacturers of electrolyzers, transportation, energy institutes and large scale industrial facilities.

In January of 2023, the alliance will be heavily engaged in the development of policies to be considered during the 88th Texas Legislature. The Texas Legislature will convene for a 140-day regular session. We anticipate the Legislature will consider a number of hydrogen related proposals. These proposals will help kickstart the diversified use of hydrogen.

THA is also engaged in Texas' application for a federal hydrogen hub grant. Earlier this month, the Department of Energy noticed a funding opportunity of $7 billion authorized under the Bipartisan Infrastructure Law for the Regional Clean Hydrogen Hubs program to establish six to ten regional clean hydrogen hubs across America. These hydrogen hubs will create networks of hydrogen producers, consumers, and local connective infrastructure to accelerate the use of hydrogen as a clean energy carrier that can deliver or store tremendous amounts of energy.

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