Plug Power will develop hydrogen fuel production facility in Western New York
Hydrogen fuel is increasingly predicted to play a major role in decarbonizing the global economy.
The consulting firm McKinsey estimates that hydrogen could provide up to 18 percent of the world’s total energy needs by 2050. Some of that fuel will be produced right here in New York.
Albany-based fuel cell manufacturer Plug Power announced this week that it will develop a hydrogen production facility in Western New York that will be powered by renewable energy.
Plug Power CEO Andy Marsh made the announcement standing on the site of the future project, accompanied by Governor Kathy Hochul.
"Right here in the field, will be the first large scale green hydrogen network; not only in New York, not only in the US, but around the world," Marsh lauded. "We're doing vehicles now; we're doing large scale stationary products; we're around the world shipping products out of this region in New York to support everything."
The Plug Power facility will produce 45 tons of fuel daily using hydro-electricity from the Niagara Power Project.
The company aims to supply 500 tons of fuel daily 2025 across a nation-wide network.