Utah’s Advanced Clean Energy Storage project is the first green hydrogen project to receive a loan guarantee from the U.S. Department of Energy (DOE), receiving a $504.4 million loan guarantee from DOE.
The project is intended to capture excess renewable energy when it is most abundant, store it as hydrogen, then deploy it as fuel, and includes:
- retiring existing coal-fueled power generating units at its Intermountain Power Agency site
- installing new natural gas-fueled electricity generating units capable of utilizing hydrogen for 840 MW net generation output
- modernizing IPP’s Southern Transmission System linking IPP to Southern California
- developing hydrogen production and long-term storage capabilities
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