Jacobs
Summary
Jacobs (NYSE:J) was selected as Program Manager for the Alliance for Renewable Clean Hydrogen Energy Systems (ARCHES), a public private partnership (P3) establishing a statewide clean hydrogen hub (H2) in California, one of seven national hubs announced by the White House and recently granted funding by the U.S. Department of Energy Office of Clean Energy Demonstration (DOE OCED).
The Program Management Office (PMO) will be responsible for standing up and providing ongoing support to the newly established ARCHES consortium. As the PMO lead, Jacobs will use its proven program management approach to provide delivery oversight, integrate project activities and drive best practice across the entire H2 lifecycle of feedstock, production, distribution and offtake to build the foundation of a thriving hydrogen market in California. The program is scheduled to commence in the second half of 2024.
“ARCHES is at the forefront of global energy transition through the use of its renewable resources to produce and distribute green hydrogen,” said Jacobs CEO Bob Pragada. “We’re ready to mobilize and work with ARCHES to create a sustainable future for California while also benefiting the community through enduring environmental benefits, job creation and improved social equity.”
“Jacobs has been an integral partner from the onset – providing important guidance during preparation for, and participation in, our DOE interview, supporting us through award negotiations with the government and now helping us to initiate the people, process, systems, and tools required to hit the ground running to properly launch and successfully deliver this epic program,” said ARCHES CEO Angelina Galiteva.
Continue Reading