The Hydrogen Production, Transportation, and Infrastructure Working Group (OK H2 Working Group) released its report detailing Oklahoma’s strong potential in the emerging form of energy.
The report presents a vision of how to focus efforts on the economic development of hydrogen as a fuel source for transportation, industrial, commercial and residential uses, as well as for the production and export of electricity. .
“Oklahoma has a rich history of energy innovation and I am delighted that this report provides opportunities for our state to continue to lead the way as the global market explores new forms of energy,” said Governor Kevin Stitt in a statement. âOklahoma’s overall energy strategy has positioned us well for the future as this industry continues to evolve. “
Hydrogen has been identified globally as a viable solution for various energy applications geared towards a low carbon future, and Oklahoma is positioned at the intersection of economical renewable energies, abundant water resources. , energy transport infrastructure and energy export capacities.
Additionally, Oklahoma has large amounts of reliable natural gas resources for 24 hour hydrogen production, and extensive geological formations for underground hydrogen storage and carbon sequestration.
The OK H2 Task Force was created by Senate Bill 1021 to develop recommendations for Oklahoma’s opportunities in the production, transportation, storage, and use of hydrogen, including incentives financial recommendations, tax considerations, and fiscal impacts of creating a hydrogen ecosystem in Oklahoma and across the region.