Australia to be a world leader in hydrogen
Australia will become a world leader in hydrogen production and exports thanks to a new fund set up by the Australian Government.
Following the release of the National Hydrogen Strategy, the government is launching a funding package focused on growing an innovative, safe and competitive hydrogen industry in Australia.
Along with the $13.4 million already provided to implement and coordinate the strategy, the government will reserve $370 million from existing Clean Energy Finance Corporation (CEFC) and Australian Renewable Energy Agency (ARENA) funding to back new hydrogen projects. These funds will come from within the existing allocations to the CEFC and to ARENA.
Read the full media release on Australia to be a world leader in hydrogen.