$147 million funding secured for Australian hydrogen hubs
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Two hydrogen hubs in Australia have secured a total of $147 million in funding. The Government signed an agreement to invest $70 million to develop the Bell Bay hydrogen hub in Northern Tasmania, and the Pilbara Hydrogen Hub in Western Australia received a $77 million grant.
According to a release from the Australian Minister for Climate Change and Energy office, the Bell Bay hydrogen hub will produce 45,000 tonnes of renewable hydrogen a year. The project will commence this year and be completed by early 2028.
A total investment of about $300 million is expected from the Commonwealth and Tasmanian Governments.
Minister for Climate Change and Energy Chris Bowen said in a release: “Investing in an Australian renewable hydrogen industry is investing in Australia’s future to become a renewable energy superpower,” Minister Bowen said. “Bell Bay is a production and export powerhouse, backed by 100% renewable electricity, and this hub will provide jobs, support new manufacturing, and spur investment in regional Australia as the world decarbonizes.”
Tasmanian Minister for Energy and Renewables Nick Duigan said delivering the Bell Bay hub was a huge step towards a major new industry. “Northern Tasmania is set to be the new home of renewable energy generation, using projects like this to attract huge investments in renewable hydrogen for use in Australia and supply to the world,” Minister Duigan said. “Bell Bay is perfectly placed to be a world-class green hydrogen hub, with its established port infrastructure and highly experienced and skilled workforce.”
The Pilbara Hydrogen Hub aims to bring together different hydrogen producers and users in the industrial and energy sectors. A release from the Government notes that this development is a crucial move for Western Australia (WA) to become a significant global hub for producing and exporting hydrogen on a large scale and bringing regional economic diversification and growth while reducing carbon emissions and increasing investment opportunities.
The Grant Agreement covers:
• Part A – A proposed hydrogen or ammonia pipeline connecting the Maitland Strategic Industrial Area to the Burrup Peninsula
• Part B – A Clean Energy Training and Research Institute to provide job-ready training locally within the Pilbara
• Part C – Road and intersection infrastructure associated with the port at Lumsden Point in Port Hedland
• Part D – Hub expansion studies across the Pilbara to guide the next steps
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