Current:Home > MarketsNew Mexico governor seeks hydrogen investment with trip to Netherlands -NextFrontier Finance
New Mexico governor seeks hydrogen investment with trip to Netherlands
View
Date:2025-04-14 11:42:13
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! (49313)
Related
- Taylor Swift Eras Archive site launches on singer's 35th birthday. What is it?
- Bachelorette's Hannah Brown Details Her Reunion With Ex Tyler Cameron
- Prince Harry, Duchess Meghan visit school children as part of first trip to Nigeria
- Transgender activists flood Utah tip line with hoax reports to block bathroom law enforcement
- Sonya Massey's family keeps eyes on 'full justice' one month after shooting
- Minnesota makes ticket transparency law, cracking down on hidden costs and re-sellers
- Killing of an airman by Florida deputy is among cases of Black people being shot in their homes
- Hollywood penthouse condo sells for $24 million: See inside the luxury space
- Paris Olympics live updates: Quincy Hall wins 400m thriller; USA women's hoops in action
- Authorities make arrest in 2001 killing of Georgia law student who was found dead in a burning home
Ranking
- Kentucky Gov. Andy Beshear ready to campaign for Harris-Walz after losing out for spot on the ticket
- Mom goes viral for 'Mother’s Day rules' suggesting grandmas be celebrated a different day
- Here’s what to know about conservatorships and how Brian Wilson’s case evolved
- Hugh Jackman's Ex Deborra-Lee Furness Details Personal Evolution After Breakup
- 'Stranger Things' prequel 'The First Shadow' is headed to Broadway
- U.S. announces new rule to empower asylum officials to reject more migrants earlier in process
- Former Miss USA staffer says organization caused pageant winners' mental health to decline
- Killing of an airman by Florida deputy is among cases of Black people being shot in their homes
Recommendation
Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
Diss tracks go beyond rap: Some of the most memorable battles date back more than 50 years
700 union workers launch 48-hour strike at Virgin Hotels casino off Las Vegas Strip
Love Is Blind's Bliss Poureetezadi Gives Birth, Welcomes Baby With Zack Goytowski
Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
Civil War General William T. Sherman’s sword and other relics to be auctioned off in Ohio
From Linen Dresses to Matching Sets, Old Navy's Sale is Full Of Chic Summer Staples At Unbeatable Prices
Iowa sex trafficking victim who killed alleged abuser sought by authorities