New funding will help stimulate domestic green hydrogen capability as Tasmania progresses towards establishing commercial-scale production of green hydrogen in Tasmania by 2025.
Minister for Energy and Renewables, Guy Barnett, said that building a domestic renewable hydrogen capability will strengthen our net zero emissions status and competitive advantage.
“This second round of our Renewable Hydrogen Industry Development Fund will specifically look to fund domestic production and use of green hydrogen at a scale in the order of 5-10MW to stimulate local demand and kick-start this new industry,” Mr Barnett said.
“The development of a domestic market for the use of locally produced renewable hydrogen will play a critical role in establishing a viable renewable hydrogen industry in Tasmania.
“To secure funding, proponents will need to be able to commit to commencing production in 2025, provide evidence of their market for the green hydrogen produced and demonstrate a pathway to commercial sustainability.
“It will be the latest step in the Rockliff Liberal Government’s plan to become a leader in green hydrogen production and for locally produced renewable hydrogen to be a significant form of energy used in Tasmania by 2030.
“The first round of the program supported feasibility studies by Grange Resources, Origin Energy and ABEL Energy, all of which have found strong potential for the industry in Tasmania.
“A call for registrations of interest is expected in October 2023.
“I encourage interested parties to work together to develop local proposals that will realise the goals of the Tasmanian Renewable Hydrogen Action Plan and further position Tasmania as a leader in the emerging hydrogen industry,” Mr Barnett said.
