The Albanese and Palaszczuk Governments are together investing over $23 million to boost Australian renewable hydrogen innovation through a ground-breaking green hydrogen project in the Illawarra and Rockhampton regions. This substantial investment heralds a promising stride towards a cleaner energy future and global competitiveness.
A Push Towards Advanced Electrolyser Technology
The Australian Renewable Energy Agency (ARENA) is providing $20.9 million to support Wollongong-based company Hysata in developing an advanced electrolyser. This innovative electrolyser technology aims to produce renewable hydrogen more efficiently, driving down costs for sectors like heavy transport, steel, and more. It emphasizes Australia’s commitment to reducing emissions and remaining competitive in a rapidly decarbonising global economy.
The project, focusing on a 5-megawatt scale demonstration, expects a remarkable 20% increase in efficiency compared to existing electrolysers. The electrolyser demonstration unit will be installed at Stanwell Power Station outside of Rockhampton, Queensland, following developmental work at Hysata’s Port Kembla, NSW facility.
Inauguration and Previous Achievements
Minister for Climate Change and Energy, Chris Bowen, announced this significant investment at the grand opening of Hysata’s new electrolyser manufacturing facility in Port Kembla. Previously, Hysata had received funding through the German-Australian Hydrogen Innovation and Technology Incubator (HyGATE) Initiative for a pilot 200 kW electrolyser.
Celebrating the innovative drive, Bowen expressed: “We’re delighted to support game-changing, homegrown innovation that will power our future as a clean energy manufacturer and a renewable energy superpower.”
Australia’s Vision for Global Hydrogen Leadership
With the global demand for renewable hydrogen anticipated to reach 500 million tonnes annually by 2050, Australia’s regions are strategically positioning themselves to seize a significant portion of the action. This includes supplying renewable hydrogen technology to both domestic heavy industries and international markets.
The Albanese Government’s investment aligns with a comprehensive strategy to enable Australia’s regions to meet the world’s clean energy demands. Queensland Hydrogen Champion and Member for Rockhampton, Barry O’Rourke, emphasized the seriousness of Queensland’s ambition in the global hydrogen arena, stating: “Queensland’s green hydrogen industry is the next frontier in a world hungry for clean energy and is our greatest climate, jobs, and economic opportunity in a generation.”
Read the most up to date Fuel Cell and Hydrogen Industry news at FuelCellsWorks
