Advancing Hydrogen Fund
Hydrogen has the potential to make a substantial contribution to our clean energy transition, creating an important new domestic and export industry.
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.
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 is seeing growing market interest in the decarbonisation potential of hydrogen, particularly with respect to the industrial sector, as well as the potential role of green hydrogen in grid-firming, chemicals, steel and beyond. The CEFC also invests in hydrogen related opportunities via the Clean Energy Innovation Fund.
The Australian Government $2 billion Hydrogen Headstart program is being co-developed by ARENA. Hydrogen Headstart aims to deliver a step change in Australia’s renewable hydrogen production by underwriting some of the largest electrolyser deployments in the world. The program is intended to bridge the commercial gap for early projects and put Australia on course for up to one gigawatt of electrolyser capacity by 2030. The CEFC worked closely with relevant agencies and ARENA on the development of the Headstart program and will seek to provide complementary equity and debt financing for relevant projects.
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Australian hydrogen market study
Low carbon hydrogen is emerging as a potential key vector for the future of the Australian energy transition and the industrial economy. This study explores the costs of production and the competitiveness of low carbon hydrogen in 25 Australian end-use sectors, relative to the incumbent technology.Read more
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CEFC Advancing Hydrogen Fund
The CEFC Advancing Hydrogen Fund is aiming to invest up to $300 million to support the growth of a clean, innovative, safe and competitive Australian hydrogen industry.Read more
Hydrogen Park Murray Valley paves way for Australian green hydrogen industry
Read moreWe are pleased to participate in debt financing for one of Australia’s largest renewable hydrogen plants as a key step in the ongoing development of this exciting part of our sustainable economy of the future.Rupert MaloneyHead of Hydrogen, CEFC
HydGene technology produces hydrogen from biomass waste
Read moreOur innovative technology not only paves the way for the growth and adoption of decentralised manufacturing hubs, but also plays a crucial role in the global transition to an affordable, green hydrogen economy.Dr Louise BrownCEO and Co-founder, HydGene Renewables
Ark Energy sets sights on zero emissions hydrogen powered trucks
Read moreVehicles in the heavy transport sector have ultra-heavy payloads and typically operate around the clock, so cannot be off the road for several hours to recharge. These unique Hyzon trucks will be custom built for Australian conditions, fast tracking the switch to clean energy in Australia’s ultra-heavy transport sector by several years.Ian LearmonthCEFC, CEO
Clean and efficiently green frontier hydrogen development
Read moreWe have been looking globally for new technology that can unlock the trillion-dollar opportunity in hydrogen. The Hysata technology is truly world-leading, and we’re very excited to help the team in their mission to make green hydrogen a reality for Australia and the world.Michael MolinariManaging Director, IP Group Australia