Federal incentives accelerate New Mexico’s hydrogen economy
Sunday, September 25, 2022
Albuquerque-based BayoTech Inc. expects to build a half-dozen hydrogen hubs in five different states next year, marking the company’s first major foray into commercial markets for its compact mobile hydrogen generators.
The company, which launched in 2015, has spent seven years fully developing its generating technology, which it originally licensed from Sandia National Laboratories to provide on-site hydrogen production directly where it’s needed for commercial and industrial use. Its mobile units can radically lower costs for end users compared with today’s standard production at large, centralized plants, while simultaneously cutting carbon emissions by at least 40% to start, and eventually much more, according to the company.