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Hubs clearly demonstrate added value and necessity, providing potential clean energy solutions that are efficient, relevant, and cost-effective.
WHAT IT MEANS IN PRACTICE
Hubs demonstrate added value and necessity for national and regional industrial decarbonization objectives through unique and novel solutions. Projects proposed are efficient, relevant, knowledge-building, and have the potential to present cost-effective and impactful solutions for the identified need/end-use, justifying significant public investment of funds. Value and necessity should be broadly defined, including added value in the short- and long-term to local communities.
Hubs outline a clear plan for tracking and demonstrating over the life of the project that they meet emission and climate commitments and other environmental and social expectations (see: Climate Pollution Objective; Environmental Impact Objective; Community Engagement Objective; Economic Development Objective).
Targeted outcomes
+HARD-TO-ABATE
Hubs focus on hard-to-abate applications and end-uses in the specified sector (e.g., industrial, heavy transportation).
SCALABILITY
Hubs have the potential for future scalability and/or integration into existing and future clean energy infrastructure networks.
VALUE IN END-USE
Hubs have clear off-taker arrangements or demonstrated end-uses — not only demonstrating value in production but also end-use.
MITIGATE VULNERABILITIES
Hubs mitigate vulnerabilities to future supply chain impacts or adverse environmental impacts (see also Environmental Impact Objective).
NEUTRAL OR POSITIVE ECONOMY-WIDE IMPACT
Hubs have a neutral or positive impact on broader economy-wide decarbonization plans.
SMART RESOURCE UTILIZATION
Resources utilized for the project (e.g., land, energy, water, materials) have low emissions-intensities and minimal environmental impacts, and they are additional to those needed for the deployment of higher priority clean energy technologies.
GETTING TO NET-ZERO
Hubs expedite a transition away from polluting industries that are unlikely to play a significant role in a net-zero economy.
Resources & References
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