WV Hydrogen Project to Generate Rev. of $105M/Yr, Incl. Pore Rights

Yesterday we told you about a new $2 billion hydrogen project coming to West Virginia (see $2B Hydrogen Project Announces for WV – FidelisH2 in Mason Co.). Fidelis New Energy announced it had selected Mason County for a “net-zero” hydrogen production facility and low carbon microgrid, which it has dubbed The Mountaineer GigaSystem. The Fidelis plan includes building data centers powered by net-zero hydrogen. Fidelis will produce hydrogen with "zero lifecycle carbon emissions" from a combination of Marcellus/Utica gas, renewable energy, and CCUS (carbon capture, utilization, and sequestration). Today we pull back the curtain on how the deal came together and the state's upcoming use of "pore rights."

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