Sourcing Renewables - May 21, 2021
LADWP Joins HyDeal LA
The Los Angeles Department of Water and Power (LADWP), The Green Hydrogen Coalition, and other partners announced on May 17 the launch of HyDeal LA, a program to achieve at-scale green hydrogen procurement at $1.50/kilogram in the Los Angeles basin by 2030.
“Green hydrogen is the key to reliably achieving 100% renewable energy,” states Martin Adams, General Manager and Chief Engineer at LADWP. “We are pleased to join the HyDeal LA effort, which includes an innovative and expanding vendor and development community, to support and help catalyze the supply chain needed to achieve large-scale, low-cost green hydrogen power supply for our local in basin plants.”
HyDeal LA is an association of developers, green hydrogen purchasers, integrators, equipment manufacturers, utilities, investors, and advisors challenging the most significant barrier to the green hydrogen economy — its high cost — by launching a commercial green hydrogen cluster at scale.
“As Governor Newsom said during the release of the May Revise Budget last Friday, we need to focus on green hydrogen in this country, and California needs to compete in this space,” said Dee Dee Myers, Senior Advisor to the Governor and Director of the Governor’s Office of Business and Economic Development in a statement. “Delivering on the promise of green hydrogen means collaboration and implementation, which are the foundations of the HyDeal LA initiative. Success means clean air, reliable power, zero-emission transportation, and importantly jobs and sustainable economic development.”
Independent studies, including a recent Los Angeles 100% Renewable Energy Study, show the need for renewably fueled combustion turbines—available for limited periods—to achieve 100% renewable, reliable electricity.
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