‘Green hydrogen’ company looks to make Mississippi a leader of new renewable venture by Alex Rozier, Mississippi Today April 24, 2024 The special geology of Mississippi is again giving the state a stab at playing a key role in the energy sector, this time for a burgeoning renewable power source called"green hydrogen." The company Hy Stor Energy, founded in 2019, is looking to take advantage of the state's salt domes, which provide valuable underground pockets for gas storage.
While the agency is still negotiating an exact award amount, the DOE projected that the project would create 540 permanent jobs as well as 6,000 construction jobs. Hy Stor plans to use energy from other renewable sources, like solar and wind, to produce the green hydrogen, Luce said. "The sun and the wind, even though they're tremendous resources, they're not available 24/7," she said."They're available on an intermittent basis.