It is expected that, through this programme, it will help deliver on Australia’s commitment to reducing emissions by working with other countries to reduce the cost of clean energies.
In doing so, market demand has been created for hydrogen in addition to strong ties with Japan – a key hydrogen market player that could now increase the amount of external investment in hydrogen production in Australia.
ACHTP will support projects to develop export supply chains and commercialise production of clean hydrogen and derivative clean hydrogen-based compounds, such as clean ammonia.
Scott Morrison, Prime Minister of Australia, said, “It is critical that we work closely with our international partners such as Japan to deliver on Australia’s low emissions objectives.
“Clean hydrogen is central to both Australia’s and Japan’s plans to achieve net zero emissions while growing our economies and jobs.”
Angus Taylor, Australian Minister for Industry, Energy and Emissions Reduction, said, “Establishing clean hydrogen supply chains will facilitate investment into Australia and will create jobs for Australians, many in our regional areas.
“Australia is a world leader in clean energy and our high quality resources have long been in strong demand from our international partners. The Morrison Government is positioning Australia to become the international clean hydrogen supplier of choice and we are investing to make this reality.
“Our Government is providing an innovative and economically viable solution to producing clean hydrogen not only for Australia, but also for our international partners.”
Sign up to our newsletter
Get all the latest hydrogen news, views and developments straight to your inbox.
Sign up to H2 View’s weekly bulletin today to ensure you don’t miss out