Australian Prime Minister Anthony Albanese has announced a largely federal government funded initiative to develop a hydrogen hub in South Australia.
The Federal and South Australian Labor governments have struck a $100 million agreement to develop the hydrogen hub near Whyalla.
As part of the deal between Canberra and the ruling Labor Government in Adelaide, the Commonwealth is committed to spending $70 million and South Australia $30m million to develop infrastructure at Port Bonython to create the state’s first large-scale export terminal for hydrogen.
It was announced that once Port Bonython was redeveloped it was expected to host projects worth up to $13 billion with the capacity of generating up to 1.8 million tonnes of hydrogen by 2030.
Albanese said the project would create a new generation of advanced manufacturing jobs and deliver to the world the clean energy, green steel, aluminium and ammonia it was demanding.
“We’re seizing the opportunities which are there for Australia to be a renewable energy superpower for the world,” he said.
South Australian Premier Peter Malinauskas said the Port Bonython hub would emerge as the world’s largest hydrogen electrolyser.
“This will literally be the world’s largest hydrogen electrolyser the world’s biggest hydrogen power plant, demonstrating that we can produce hydrogen here in South Australia,” he said.
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27/10/2020
