Air Products to Invest $500 Million in Green Hydrogen Plant in New York | New

Commercial operation of the facility aims to begin in 2026-2027.

Seifi Ghasemi, president and CEO of Air Products, said the Massena project demonstrates its commitment to working closely with New York State to support its energy transition agenda.

“This project is further demonstration of our leadership role in the low-carbon hydrogen and hydrogen for mobility markets, and the incentives from New York State and the IRA will continue to ‘to encourage the key role of hydrogen and our investment in the energy transition,’ he said.

Justin E. Driscoll, NYPA Interim President and CEO, said, “By supporting Air Products’ expansion in Massena, NYPA is furthering New York’s aggressive climate goals and helping to advance the vision of the state to become a regional hydrogen hub. The St. Lawrence-FDR Energy Project is a key catalyst for economic development in the region.

The facility’s low-carbon liquid hydrogen product is expected to be sold in the mobility market in New York State as well as other potential industrial markets in the Northeast.

In July, the New York Power Authority (NYPA) Board of Directors approved 94 MW of low-cost hydroelectric power in the St. Lawrence for Air Products.

This project supports New York State’s goal of becoming a regional clean energy hub for hydrogen, as announced by Governor Kathy Hochul in March. New York’s hydrogen hub ambitions directly support the goals of the state’s Climate Leadership and Community Protection Act.

Air Products has determined that market demand justifies the investment in the project, assuming receipt of certain local and state incentives, as well as all Inflation Reduction Act (IRA) benefits, and which are provided for in the current project budget.

The leading gas company is also exploring the feasibility of establishing a network of hydrogen fueling stations in the northeastern region of the United States, including the ability to service its truck fleet. It also plans to convert its global fleet of around 2,000 trucks to zero-emission hydrogen fuel cell vehicles.

If all of the hydrogen is used for the heavy-duty market, future climate benefits over the lifetime of the project would include avoiding more than 6 million tonnes of carbon dioxide (CO2), which equates to emissions of over 600 million gallons of diesel used in heavy trucks. – service trucks.

Demand for green hydrogen for mobility and industrial applications is expected to increase significantly in the Northeast following the New York-led multistate agreement to develop a proposal to become one of the regional hubs clean hydrogen stations designated by federal Clean Hydrogen Centers. and New York State’s adoption of a new Advanced Clean Trucks (ACT) rule.

Goals of New York State’s Climate Leadership and Community Protection Act include: 40% reductions in greenhouse gases (GHGs) below 1990 levels by 2030, zero electricity system carbon emissions by 2040 and an 85% reduction in GHGs below 1990 levels by 2050.

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