Australia releases guidelines for Townsville hydrogen hub

Australia’s government has released guidelines for the Townsville Region Hydrogen Hub programme, which will invest AUD 70 million (USD 48.6m/EUR 44.9m) in the development of a hydrogen hub in Townsville, North Queensland.

Including matched funding, the region is poised to receive a AUD-140-million investment to produce renewable hydrogen for own use or export, the government said on Friday.

The government committed to fund the hub in the October 2022-23 federal budget. It has now allocated more than AUD 525 million to hydrogen hubs, including the AUD-454-million Regional Hydrogen Hubs programme.

A competitive application process for the Townsville Region Hydrogen Hub programme will open in March. Producers, consumers and potential exporters of hydrogen will be able to apply for grants from AUD 30 million to AUD 70 million. The assessment process will be in two stages, with shortlisted applicants to submit a full proposal.

(AUD 1 = USD 0.694/EUR 0.642)

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