Australian Government to Support Tasmanian Hydrogen Hub
The Australian Government is set to provide AUD$70m ($45.9m) in funding to help build a hydrogen hub in northern Tasmania. How will this help to amplify hydrogen production in Tasmania?
The Bell Bay Hydrogen Hub is aiming to support the production of up to 45,000 tonnes of green hydrogen annually, to aid the manufacture of green metals and alloys.
It is hoped that the region will become a significant location for hydrogen production, use, storage, and export.
Alongside partners including TasPorts, TasNetworks, TasWater, TasIrrigation and the Bell Bay Advanced Manufacturing Zone, the Tasmanian Government plans to deliver the hub project.
This comes after a series of feasibility studies conducted by the Tasmanian Government concluded green hydrogen production, use, and export were feasible on the Australian island.
The hub comes as part of over AUD$500m ($328.3m) in Commonwealth funding for hydrogen hubs with others planned for regional centers like Kwinana, the Pilbara, Gladstone, Townsville, Port Bonython, and the Hunter.
Last July, a joint study by the Port of Rotterdam Authority and the Tasmanian Government said Tasmania has great potential for green hydrogen exports.