Tasmanian Government to Invest $50m in Hydrogen Power Plan

Atmosphere, Australia, BioChemicals/Renewable Chemicals, BioRefineries/Renewable Fuel Production, Biorefinery/Fuel Production Infrastructure, Business News/Analysis, Feedstocks, Funding/Financing/Investing, grants, Green Jobs, Infrastructure, Logistics, Marketing/Markets and Sales, Opinions, R & D Focus, Sustainability, water

March 4, 2020

Print This Article Share it With Friends

by Carla Howarth (ABC News) … Tasmania’s Renewable Hydrogen Action Plan includes $20 million for a Tasmanian Renewable Hydrogen Fund, another $20 million in concessional loans and $10 million dollars for support services.

In a statement, Premier Peter Gutwein said the Government’s goal was to have a renewable hydrogen generation facility up and running by 2022-2024.

The Government has identified Bell Bay in the state’s north and Burnie in the north west as potential hydrogen industry hubs.

“Our vision is to … be commercially exporting hydrogen by 2030, creating hundreds of local jobs and injecting billions into the Tasmanian economy,” Mr Gutwein said.

Hydrogen alone is not actually a fuel source in itself — it is carrier of energy.

Hydrogen gas can be produced by splitting water molecules, H2O, into hydrogen and oxygen atoms through the process of electrolysis.

It can then be condensed into a liquid fuel source, which can be used to power cars in a similar way to diesel, or it can be used to generate conventional electricity. READ MORE

A graphic showing how renewable hydrogen is produced.

ARENA announces funding for Yara Pilbara and ENGIE’s feasibility study on a renewable hydrogen to ammonia solution in fertiliser production (Yara)

Splitting seawater for hydrogen in the Never Never (Hydrogen Digest)

Comments are closed.

Advanced BioFuels USA