Program expansion great kick-start to hydrogen industry
The $150 million expansion of the Federal Government’s hydrogen hubs program announced today provides a great kick-start to a world-class Australian hydrogen industry, APGA Chief Executive Officer Steve Davies said today.
The Federal Government has announced it will increase to six the number of hubs to be funded under the Clean Hydrogen Industrial Hubs program now worth $464 million.
“The AEMO 2021 Inputs, Assumptions and Scenarios report notes that net-zero emissions will be achieved earliest, and with the greatest economic growth, in its Hydrogen Superpower scenario,” Mr Davies said.
“Industry research also suggests the opportunities from decarbonised gases like hydrogen are outstanding.
“Gas provides more energy than electricity to Australian households, businesses and industry. Gas infrastructure delivers that energy reliably, safely and affordably. Today’s strong gas industry provides an excellent foundation on which to deliver decarbonised gas sooner rather than later.
“The decarbonisation of gas can make a huge contribution to the transition to net-zero emissions, as set out in Gas Vision 2050.''
Read more in the Program expansion great kick-start to hydrogen industry media release.