Current:Home > ScamsNew Mexico governor seeks hydrogen investment with trip to Netherlands -WealthSync Hub
New Mexico governor seeks hydrogen investment with trip to Netherlands
View
Date:2025-04-14 06:55:15
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! (8)
Related
- DeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI?
- Travis Kelce Credits Taylor Swift Effect for Sweet Moment With Fan
- Taylor Swift adds five opening acts to her August Wembley shows. See the women she picked
- Trial starts in case that seeks more Black justices on Mississippi’s highest court
- Former longtime South Carolina congressman John Spratt dies at 82
- 'Could've been an email': House of the Dragon finale leaves fans wanting more
- Boar's Head listeria outbreak triggers lawsuit against deli meat company in New York
- Showdowns for the GOP nominations for Missouri governor and attorney general begin
- This was the average Social Security benefit in 2004, and here's what it is now
- Why do athletes ring the bell at Stade de France at 2024 Paris Olympics? What to know
Ranking
- 'As foretold in the prophecy': Elon Musk and internet react as Tesla stock hits $420 all
- Jenna Bush Hager Shares Sister Barbara Privately Welcomed Baby No. 2
- Serena Williams Calls Out Parisian Restaurant for Denying Her and Her Kids Access
- Trial starts in case that seeks more Black justices on Mississippi’s highest court
- Skins Game to make return to Thanksgiving week with a modern look
- Woman killed in deadly stabbing inside California Walmart
- Chappell Roan may have made history at Lollapalooza with 'biggest set of all time'
- One Extraordinary (Olympic) Photo: Lee Jin-man captures diver at the center of the Olympic rings
Recommendation
Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
Florida attorney pleads guilty to bomb attempt outside Chinese embassy
What are the best tax advising companies? Help USA TODAY rank the top US firms
Tropical Storm Debby could prove just as dangerous as a major hurricane
Intellectuals vs. The Internet
19 most memorable 'Hard Knocks' moments from HBO's NFL training camp docuseries
Jordan Chiles' Olympic Bronze in Floor Final: Explaining Her Jaw-Dropping Score Change
Uganda sprinter Tarsis Orogot wins 200-meter heat - while wearing SpongeBob socks