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New Zealand to invest in hydrogen, support roll-out of nationwide station network

New Zealand to invest in hydrogen, support roll-out of nationwide station network

New Zealand’s Labour party has pledged to invest in emerging technologies like green hydrogen, and support the roll-out of a nationwide hydrogen station network, in a bid to position the country as a world leader in renewable energy.

Prime Minister, and Labour leader, Jacinda Ardern on Thursday announced that Labour is bringing forward the goal of 100% renewable electricity generation by five years to 2030.

Ardern said the electrification of the transport and industrial sectors would be accelerated and investment would be made in green hydrogen in a bid to advance technologies.

“The initiatives we are announcing build on work we have done already, including the establishment of a $70m fund to help major industrial users decarbonise; a $20m Renewable Energy Research Platform; putting $27m towards the establishment of Are Ake – the New Energy Development Centre; and supporting the roll-out of a nationwide hydrogen refuelling network,” Ardern said.

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