Advancing Hydrogen Fund
Through the $300 million Advancing Hydrogen Fund the CEFC is working to support the growth of a
clean, innovative, safe and competitive Australian hydrogen industry.
The Advancing Hydrogen Fund focuses on projects where there is state or territory government financial support or policy alignment with the National Hydrogen Strategy. Smaller-scale hydrogen-related investments may be made via the Clean Energy Innovation Fund, which is managed by Virescent Ventures on behalf of the CEFC.
Renewable hydrogen
Renewable hydrogen can enable the deep decarbonisation of difficult to abate sectors of our economy, particularly in transport and industry, while accelerating the contribution of renewable energy and contributing to energy efficiency. Australia has the potential to be a global hydrogen leader, potentially exporting hydrogen as well as using it to decarbonise industry. Concessional financing through the Advancing Hydrogen Fund is an important policy initiative to catalyse investment in large-scale hydrogen projects, which may include technology, construction, operating and revenue risks.
Investing in green hydrogen
CEFC investments draw on our understanding of clean energy finance to drive the growth of a thriving green hydrogen industry that is expected to make a substantial contribution to Australia's transition to net zero emissions.
Read our Insight
Australian green hydrogen trailblazer could help redefine energy landscape
Hysata CEO Paul Barrett details how the company is developing electrolysers that could transform the economics of green hydrogen through a giant leap in efficiency,
Read our article
The Australian Hydrogen Market Study
This report provides insights into the commercial viability of green hydrogen over three timeframes, and includes detailed analysis of the economic, technology and infrastructure factors that will underpin the green hydrogen economy.
Read the report
