Current:Home > MarketsNew Mexico governor seeks hydrogen investment with trip to Netherlands -GrowthInsight
New Mexico governor seeks hydrogen investment with trip to Netherlands
View
Date:2025-04-18 05:42:05
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! (39)
Related
- Mets have visions of grandeur, and a dynasty, with Juan Soto as major catalyst
- Powerball winning numbers for September 11: Jackpot rises to $134 million
- Francis Ford Coppola sues Variety over article about his 'unprofessional behavior'
- AP Week in Pictures: Global
- Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
- Idaho high court says trial for man charged with killing 4 university students will be held in Boise
- Fight to restore Black voters’ strength could dismantle Florida’s Fair Districts Amendment
- Dolphins star Tyreek Hill says he 'can't watch' footage of 'traumatic' detainment
- The Best Stocking Stuffers Under $25
- 2nd Circuit rejects Donald Trump’s request to halt postconviction proceedings in hush money case
Ranking
- Why we love Bear Pond Books, a ski town bookstore with a French bulldog 'Staff Pup'
- Dua Lipa announces Radical Optimism tour: Where she's performing in the US
- Why Sister Wives’ Kody Brown Believes Janelle Brown Is Doing This to Punish Him
- Joe Schmidt, Detroit Lions star linebacker on 1957 champions and ex-coach, dead at 92
- Sam Taylor
- Pilots of an Alaska Airlines jet braked to avoid a possible collision with a Southwest plane
- Jury awards $6M to family members of Black Lives Matter protester killed by a car on Seattle freeway
- Is sesame oil good for you? Here’s why you should pick it up at your next grocery haul.
Recommendation
Average rate on 30
'The Roommate' review: Mia Farrow is sensational in a decent Broadway comedy
Eva Mendes Details What Helps When Her and Ryan Gosling’s Kids Have Anxiety
Tua Tagovailoa is dealing with another concussion. What we know and what happens next
A White House order claims to end 'censorship.' What does that mean?
Shannon Sharpe apologizes for viral Instagram Live sex broadcast
Tennessee judge rules gun control questions can go on Memphis ballot
Former employee of troubled Wisconsin prison pleads guilty to smuggling contraband into the prison