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ARENA giving up to $70 million for commercial scale hydrogen

Christian Fernsby |
On behalf of the Australian Government, the Australian Renewable Energy Agency (ARENA) announced a funding round of up to $70 million to help fast track the development of renewable hydrogen in Australia.

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Topics: ARENA    HYDROGEN   

ARENA’s hydrogen funding round is expected to play a material role in supporting commercial-scale deployments of renewable hydrogen in Australia.

Hydrogen or carriers like ammonia are potentially a way for Australia to export renewable energy.

Electrical energy can be readily converted into hydrogen via electrolysis that separates hydrogen from oxygen in water, and when produced using renewable electricity, is entirely emissions free.

At present, hydrogen is used in the industrial and chemical sectors and is derived primarily from natural gas.

In the future, hydrogen will be used in a range of applications from industrial applications to household appliances, remote power, transport, for greening or storing energy in our existing gas network, and represents a significant long term export opportunity.

In developing the round, ARENA will investigate funding for projects that involve commercial scale deployments of electrolysers, particularly over 10 MW in scale, to drive the commercialisation of key component technologies and facilitate cost reductions for producing renewable hydrogen.

ARENA CEO Darren Miller said while Australia is in a good position to become a major exporter of renewable hydrogen, this funding will help to kickstart a domestic hydrogen industry, by driving down the cost of producing renewable hydrogen at scale.

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