Another hydrogen developer exits regional clean energy project
Portland General Electric (PGE) and Mitsubishi Power have canceled plans for a hydrogen production complex in Boardman, Oregon, due to the withdrawal of a key partner and challenging project economics. PGE’s decision raises questions about the future of the Pacific Northwest Hydrogen Hub, which channels federal funding to clean energy initiatives in the area. Energy Secretary Chris Wright has indicated a willingness to cut funding for projects deemed ineffective. Elected officials from various political backgrounds support low-emissions hydrogen as vital for job creation and climate objectives. Meanwhile, Atlas Agro and AltaGas are advancing their hydrogen projects despite industry setbacks.
Atlas Agro plans a $1. 5 billion green fertilizer factory, relying on hydrogen produced on-site, while AltaGas aims to convert a closed aluminum smelter for climate-friendly hydrogen production. The green fertilizer plant will require around 300 megawatts of power, posing additional challenges. The regional hydrogen industry is facing a broader trend of scaled-back ambitions from global corporations and startups alike.