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A$61.5m to boost Western Australia’s hydrogen economy

A$61.5m to boost Western Australia’s hydrogen economy

Western Australia’s hydrogen economy on Tuesday (September 7) received a major boost, with the McGowan Government allocating $61.5m (US$45.3m) to support the growing industry.

Pushing forward a zero-carbon future and creating more jobs, the funding will support a number of projects such as the development of a new renewable hydrogen hub.

A breakdown of the funds shows that $50m will be used to stimulate local demand for renewable hydrogen in transport and industrial settings and drive investment.

Following recent studies that highlighted Western Australia as a prime location for hydrogen developments, bp Australia will also receive $300,000 to develop a green hydrogen and clean fuel site.

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