AFC Energy, the leading British alkaline fuel cell company, welcomes the announcement of a new $19 million Hydrogen Industry Strategy in Queensland, Australia.
The new development fund – co-announced by Queensland Premier, Annastacia Palaszczuk, and Southern Oil SynBio General Manager, Ben Tabulo – provides continued investment into hydrogen in the region. This includes the large Southern Oil refinery in Gladstone for which AFC Energy recently received its first commercial order and continues to work with on its hydrogen fuel cell initiative.
Queensland’s new hydrogen strategy focuses on five areas, including support for innovation and facilitating private investments.
Queensland Premier, Annastacia Palaszczuk, said of the state’s investment – $15 million of which will support an industry development fund, “In the Sixties it was the Space Race. This century is all about energy. Queensland is at the forefront of hydrogen development. We aim to keep it that way.”
Adam Bond, CEO of AFC Energy, said, “Queensland is at the very forefront of hydrogen development just as the world is on the cusp of transitioning to a low-carbon future. The news today is a huge boost to hydrogen energy production in the local area and for our partners at Southern Oil. AFC Energy is excited to be working with the hydrogen industry in Queensland as it continues to develop into a first-class supplier of clean energy.”