PERTH – The federal government has opened consultation on the design of its A$2-billion Hydrogen Headstart programme to support new large-scale renewable hydrogen projects in Australia.
The government is seeking feedback from stakeholders on the design of the competitive process to select large-scale, Australia-based renewable hydrogen projects where public investment can bridge the commercial gap. Successful projects under the programme will receive revenue support over ten years, to help boost private investment and bridge the gap between the cost of hydrogen produced and the sales price of hydrogen or its derivative products.
“Hydrogen Headstart is a key step towards unlocking an estimated A$300-billion in private investment in Australian renewable hydrogen.