Current:Home > NewsNew Mexico governor seeks hydrogen investment with trip to Netherlands -Quantum Capital Pro
New Mexico governor seeks hydrogen investment with trip to Netherlands
View
Date:2025-04-24 23:55:48
SANTA FE, N.M. (AP) — The governor of New Mexico has announced plans to court new investments in hydrogen fuel development at a business summit in the Netherlands over the coming week.
In a news release Friday, Gov. Michelle Lujan Grisham said she’ll lead a delegation to an industry summit exhibition in the port city of Rotterdam seeking the “opportunity to sell New Mexico as a dynamic and thriving place for hydrogen industry investment.” She led a similar mission last year to Australia to talk with hydrogen entrepreneurs.
Lujan Grisham, a Democrat, has been a vocal proponent of investments in hydrogen as a transition fuel that can replace fossil fuels with cleaner-burning hydrogen as an energy source for vehicles, manufacturing and generating electricity.
Some environmentalists call hydrogen a false solution because it frequently relies on natural gas as a fuel source. Several New Mexico-based groups have resisted proposed state incentives for hydrogen development, citing concerns that it would prolong natural gas development and increase demand for scarce water supplies.
Hydrogen also can be produced through electrolysis — splitting water molecules using renewable energy sources such as wind and solar power, as well as nuclear power.
New Mexico is a major energy producing state with extensive natural gas reserves and broad recent investments in electrical transmission lines aimed expanding renewable energy production from sources including wind and solar.
The Biden administration last year passed over a four-state bid by New Mexico, Colorado, Utah and Wyoming for a share of $7 billion aimed at kickstarting development and production of hydrogen fuel. It chose instead projects based in California, Washington, Minnesota, Texas, Pennsylvania, West Virginia and Illinois.
The hydrogen summit in Rotterdam has an array of public an private sponsors. Lujan Grisham is traveling with office staff, New Mexico cabinet secretaries for the environment and transportation, and husband Manny Cordova. The New Mexico delegation also includes Rob Black, president of a statewide chamber of commerce.
veryGood! (84)
Related
- Nearly 400 USAID contract employees laid off in wake of Trump's 'stop work' order
- Who will save Florida athletics? Gators need fixing, and it doesn't stop at Billy Napier
- How Alex Jones’ Infowars wound up in the hands of The Onion
- New York nursing home operator accused of neglect settles with state for $45M
- Senate begins final push to expand Social Security benefits for millions of people
- Georgia lawmaker proposes new gun safety policies after school shooting
- New York nursing home operator accused of neglect settles with state for $45M
- Amazon's 'Cross' almost gets James Patterson detective right: Review
- Bodycam footage shows high
- Top Federal Reserve official defends central bank’s independence in wake of Trump win
Ranking
- The White House is cracking down on overdraft fees
- Jason Kelce Offers Up NSFW Explanation for Why Men Have Beards
- 'Treacherous conditions' in NYC: Firefighters battling record number of brush fires
- West Virginia expands education savings account program for military families
- Tarte Shape Tape Concealer Sells Once Every 4 Seconds: Get 50% Off Before It's Gone
- Mike Tyson is expected to honor late daughter during Jake Paul fight. Here's how.
- It's Red Cup Day at Starbucks: Here's how to get your holiday cup and cash in on deals
- Joan says 'Yes!' to 'Golden Bachelorette' finale fantasy beach proposal. Who did she pick?
Recommendation
Highlights from Trump’s interview with Time magazine
Nelly will not face charges after St. Louis casino arrest for drug possession
AI could help scale humanitarian responses. But it could also have big downsides
Judge weighs the merits of a lawsuit alleging ‘Real Housewives’ creators abused a cast member
The FTC says 'gamified' online job scams by WhatsApp and text on the rise. What to know.
New Orleans marks with parade the 64th anniversary of 4 little girls integrating city schools
32-year-old Maryland woman dies after golf cart accident
Top Federal Reserve official defends central bank’s independence in wake of Trump win