Govt pumps $300m into hydrogen projects | Sky News Australia

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The Morrison Government has established a $300 million fund to help finance Australian hydrogen energy projects.

The Advancing Hydrogen Fund is set to focus on growing a clean, innovative and competitive hydrogen industry in Australia.

The fund will back projects that align with the priorities under the National Hydrogen Strategy such as developing export and domestic supply chains, establishing hydrogen hubs and projects that build domestic demand for the energy source.

 

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Awesome!!!

AngusTaylorMP Since the CEFC is funding this, does it only apply to green hydrogen? auspol renewables hydrogen

AngusTaylorMP Sic - we have found another way to allow overseas multinationals to drain our economy Was there anything said about only 100% owned and operated Australian companies being given access to the funds 🤔

AngusTaylorMP Interesting! Japan will happily buy AUD 1Trillion worth of Hydrogen from Australia. It does not matter if you understand that...........just remember........'The customer, is always right'.

What has dihydride monoxide got to do with the manufacture of establishment of hydrogen as an energy source? I thought at least somebody understood the difference between water and hydrogen plus hydrogen as electricity source ...time to do some basic homework.

Great idea ... But in the meantime, how about a new/rejuvenated clean coal generator... We need to, at least, halve power costs IF we are to resume international competition & local life style. Scott_morrisonMP

Great initiative!

Nuclear is the future

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