Australia Invests in $2 Billion Green Hydrogen to Shift Industry Away From Fossil Fuels

Date:

Australia Invests in $2 Billion Green Hydrogen to Shift Industry Away From Fossil Fuels

Federal Energy Minister Chris Bowen speaks to the media during a press conference at Parliament House in Canberra, Australia on June 30, 2025. AAP Image/Lukas Coch

The Albanese government has announced federal support for Orica’s Hunter Valley Hydrogen Hub under its $2 billion Hydrogen Headstart program, marking a key step in transitioning Australian industry away from fossil fuels.

The project, located at Kooragang Island in Newcastle’s industrial zone, will install a 50-megawatt electrolyser powered by renewable energy.

spot_imgspot_imgspot_img

Share post:

More like this
Related

Lincraft to Shut All Stores, Shifting to Online-Only Model

A Lincraft store is seen in Brisbane on June...

Australia Pledges $100 Million More in Military Aid for Ukraine

Ukrainian servicemen of the 33rd separate mechanised brigade take...

Fallen Apart: Shadow Treasurer Says Australians Will Pay for Budget Failures

Shadow Treasurer Tim Wilson speaks during a press conference...

Vance Responds to Israeli Critics of Trumps Iran Deal

Vice President JD Vance speaks during a press briefing...