How to tap into NSW's record levels of clean energy funding

The NSW Hydrogen Strategy, launched last week by Premier Dominic Perrottet, Deputy Premier Paul Toole, and Treasurer and Minister for Energy Matt Kean, sets out a vision and path for developing a thriving hydrogen industry in NSW.

It’s expected to attract over $80 billion of investment to 2050, drive deep decarbonisation and set NSW up as a global hydrogen leader.

The Strategy sets out clear industry targets, sector priorities and 60 actions to develop the entire hydrogen value chain. It will help private industry transform NSW into Australia’s largest consumer of green hydrogen.

By providing up to $3 billion of incentives, the Strategy will help more than halve the cost of green hydrogen production in NSW.

Other support for industry includes:

• investing $70 million in hydrogen hubs in the Hunter and Illawarra regions
• incentivising green hydrogen production, through exemptions and concessions from government schemes and network charges
• rolling out hydrogen refuelling stations across the State.

How can you get involved in the emerging hydrogen economy in NSW?

• Expressions of interest in hydrogen hubs are expected to open later in October. For more information, email the hydrogen team at hydrogen@planning.nsw.gov.au
• EOIs for NSW Government Clean Manufacturing Precincts are now open to provide services to develop subsector, precinct or regional industrial decarbonisation roadmaps and implementation plans in the Hunter and Illawarra.
• EOIs for The Clean Technology Innovation Research and Development Grants Program are now open to support and progress early stage clean technology research and development where a clear market opportunity has been identified.

Find out more about hydrogen specific initiatives by clicking:

NSW Decarbonisation Innovation Study
National Hydrogen Strategy
Australian Renewable Energy Agency - Hydrogen
CSIRO’s HyResource
CSIRO’s National Hydrogen Roadmap
NSW Hydrogen Strategy