The Australian Government joins the Hydrogen Global community
The World Energy Council is delighted to include Australia’s efforts in the Hydrogen Global platform to enable the production of clean hydrogen and hydrogen based fuels. Australia will become a world leader in hydrogen production and exports thanks to a new fund set up by the Australian Government.
Launched last month during the Hydrogen Innovation Forum, Hydrogen Global is a community of experts tailored to facilitate the exchange of concrete, actionable insights that drive impact. With this platform, the World Energy Council lends its considerable global footprint to bring hydrogen to the attention of the global energy community, enabling the members of Hydrogen Global to rise the profile of their projects and change public perception of hydrogen.
Australia’s National Hydrogen Strategy is supported by the Commonwealth, State and Territory Governments. The Australian Government has launched a funding package focused on growing a clean, innovative, safe and competitive hydrogen industry in Australia. 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. Australia’s National Hydrogen Strategy and funding from the Australian Commonwealth, state and territory governments will help clean hydrogen and hydrogen based fuels to become cost competitive and a viable option for decarbonization. The World Energy Council will continue to show Australia’s progress in the months and years to come.
Keep updated with the latest developments of Hydrogen Global here.