HYDROGEN

Australia to offer subsidies to accelerate green hydrogen production plans

The Australian government is seeking to accelerate plans to develop a renewable hydrogen export sector, following the announcement of plans to invest AUD2 billion (USD1.33bn) to support the development of 2-3 large-scale renewable hydrogen production projects in the country’s May 2023 budget. 

Yara Pilbara Fertilisers ammonia plant (credit: Yara Pilbara Fertilisers)

The Australian government is seeking to accelerate plans to develop a renewable hydrogen export sector, following the announcement of plans to invest AUD2 billion (USD1.33bn) to support the development of 2-3 large-scale renewable hydrogen production projects in the country’s May 2023 budget. 

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