Tasmanian Government invests $50 million in a renewable hydrogen generation facility

March 3, 2020 |

In Australia, abc.net reported that Premier Peter Gutein said the Tasmanian government is looking to have a renewable hydrogen generation facility up and running by 2022-2024. The Energy Minister said that a 100-megawatt renewable hydrogen production facility is going to be a viable first step in bringing the objective to reality. Tasmania’s Renewable Hydrogen Action Plan, totaling $50 million, includes $20 million from the Tasmanian Renewable Hydrogen Fund, $20 million in concessional loans, and $10 million for support services. According to the Energy Minister, “The plan indicates that a 1,000MW renewable hydrogen facility (approximately enough power for 1 million households) would create an estimated 1,000 to 1,200 local jobs, and support a further 2,000MW of renewable energy investment in our state.”

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