Current:Home > reviewsNew Mexico governor seeks hydrogen investment with trip to Netherlands -Pinnacle Profit Strategies
New Mexico governor seeks hydrogen investment with trip to Netherlands
View
Date:2025-04-12 19:25:36
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! (95)
Related
- Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
- Film director who was shot by Alec Baldwin says it felt like being hit by a baseball bat
- For an Indigenous woman, discovering an ancestor's remains mixed both trauma and healing
- CDC shortens 5-day COVID isolation, updates guidance on masks and testing in new 2024 recommendations
- Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
- 'No minimum age to start': Illinois teen says investing young allowed her to buy Tesla
- Mary-Kate, Ashley and Elizabeth Olsen Prove They Have Passports to Paris With Rare Outing
- Not your typical tight end? Brock Bowers' NFL draft stock could hinge on value question
- NFL Week 15 picks straight up and against spread: Bills, Lions put No. 1 seed hopes on line
- U.S. Center for SafeSport needs independence and increased funding, commission says
Ranking
- Why we love Bear Pond Books, a ski town bookstore with a French bulldog 'Staff Pup'
- Billie Eilish Reveals How Christian Bale Played a Part in Breakup With Ex-Boyfriend
- Singapore to Build World’s Largest Facility that Sucks Carbon From the Sea
- Gwyneth Paltrow and Chris Martin's Son Moses Looks So Grown Up in Rare Photo
- Bill Belichick's salary at North Carolina: School releases football coach's contract details
- Gaza doctor says gunfire accounted for 80% of the wounds at his hospital from aid convoy bloodshed
- U.S. health officials drop 5-day isolation time for COVID-19
- Kylie Jenner's Knee-High Thong Heels Might Be Her Most Polarizing Look Yet
Recommendation
Biden administration makes final diplomatic push for stability across a turbulent Mideast
Suspended Heat center Thomas Bryant gets Nuggets championship ring, then leaves arena
Diversity, Equity and Inclusion employees will no longer have a job at University of Florida
California's Miracle Hot Springs closes indefinitely following 2nd death in 16 months
Meet first time Grammy nominee Charley Crockett
The History of Bennifer: Why Jennifer Lopez and Ben Affleck Getting Back Together Is Still So Special
Driver rescued after crashed semi dangles off Louisville bridge: She was praying
Kindness across state lines: Immigrants' kids in Philly are helping migrants' kids in Texas