Hydrogen for Industry Act of 2023

The Hydrogen for Industry Act of 2023 establishes a federal grant program to fund demonstration projects using hydrogen in heavy industry to reduce greenhouse gas emissions. It provides grants (up to $400 million per project) for commercial-scale applications in sectors like steel, cement, fertilizer, and chemical manufacturing, requiring at least 50% hydrogen blends by volume. Priority is given to projects that maximize emissions reductions, benefit low-income or disadvantaged communities, create high-quality domestic jobs, and demonstrate safe hydrogen use. The bill authorizes $1.2 billion for fiscal years 2024-2028 and mandates a study on hydrogen safety, cost-effectiveness, and environmental impacts for industrial use.