The Tasmanian Green Hydrogen Hub said it has the potential to fuel more than 2,200 heavy vehicles annually if it produces 45,000 tonnes of renewable hydrogen a year as predicted.
The 2025-26 budget has $64.8 million allocated to Tasmania to progress strategic renewable energy projects over the next four years.
Also, the $14.4 million Renewable Energy Approvals Pathway, as per the Tasmanian Renewable Energy Target, will progress clean fuels through the hub to capitalise on future industries with the Renewable Energy Services Hub.
Bell Bay Power Fuels was announced to be the provisional proponent for the Hydrogen Hub by Minister for Energy and Renewables, Nick Duigan.
He said that the project received five ‘high-quality’ submissions during the expression of interest process, signalling a strong level of industry interest and confidence in establishing a hydrogen industry in Tasmania.
“Tasmania has significant competitive advantages to offer industry and the world,” said Duigan.
“The Hydrogen Hub, along with our ambitious energy agenda will attract investment and drive regional economic development, support the state’s transition to a low-emission economy and further strengthen our reputation as a renewable energy leader.”
More than 740 jobs are expected to be created from this project, both directly and indirectly, for professions including energy engineers and technicians.
Construction of the hub will also provide work for local skilled trades like concreters, metalworkers, fitters and electricians.
In related news, a $128 million renewable energy zones project was announced for New South Wales.
.png){kind=logo}
