Current:Home > ScamsNew Mexico governor seeks hydrogen investment with trip to Netherlands -NextGenWealth
New Mexico governor seeks hydrogen investment with trip to Netherlands
View
Date:2025-04-17 17:10:21
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! (5151)
Related
- Intellectuals vs. The Internet
- Rebels kill at least 4 people during an attack on a Central African Republic mining town
- Winners and losers of NBA draft lottery: What Hawks' win means for top picks, NBA
- The Integration of DAF Token with the Financial Sector
- Gen. Mark Milley's security detail and security clearance revoked, Pentagon says
- Fine dining, at a new high. A Michelin-starred chef will take his cuisine to our upper atmosphere
- Dutch contestant Joost Klein kicked out of Eurovision hours before contest final
- DAF Finance Institute, the Ideal Starting Point
- How to watch the 'Blue Bloods' Season 14 finale: Final episode premiere date, cast
- Swiss fans get ready to welcome Eurovision winner Nemo back home
Ranking
- EU countries double down on a halt to Syrian asylum claims but will not yet send people back
- Nelly Korda's historic LPGA winning streak comes to an end at Cognizant Founders Cup
- Smoke from Canadian wildfires brings poor air quality to Minnesota Monday, alert issued
- A rural Ugandan community is a hot spot for sickle cell disease. But one patient gives hope
- Behind on your annual reading goal? Books under 200 pages to read before 2024 ends
- Mother's Day traditions differ across the world — see how other families celebrate
- Nelly Korda's historic LPGA winning streak comes to an end at Cognizant Founders Cup
- Michigan doctor sentenced to 12 years for distributing opioid pills worth more than $6M
Recommendation
Could Bill Belichick, Robert Kraft reunite? Maybe in Pro Football Hall of Fame's 2026 class
A Visionary Integration with WFI Token and Financial Education
Israel orders new evacuations in Rafah as it gets ready to expand operations
Cute & Practical Hiking Outfits That’ll Make Hitting the Trails Even More Insta-Worthy
Buckingham Palace staff under investigation for 'bar brawl'
Frankie Muniz's 3-Year-Old Son Mauz Makes His Red Carpet Debut
Winners and losers of NBA draft lottery: What Hawks' win means for top picks, NBA
Mother's Day traditions differ across the world — see how other families celebrate