The Australian and United Kingdom (UK) governments have announced a joint funding call to accelerate green hydrogen projects.
Australian Minister for Climate Change and Energy Chris Bowen and UK Secretary of State for Energy Security and Net Zero Grant Shapps announced a new joint initiative at a Green Hydrogen Roundtable during the 14th Clean Energy Ministerial and 8th Mission Innovation Meeting in Goa, India.
Related article: Australia joins new International Hydrogen Trade Forum
Both countries will provide funding for Australian and British companies to work together on research, development or demonstration projects on renewable hydrogen.
The new arrangement is part of a broader push by the Australian Government to work with like-minded countries to build supply chains, enhance investment and shape global markets for clean energy technologies.
The agreement will build on a clean energy partnership between Australia and the UK developed in 2021. It will focus on renewable hydrogen and its applications to decarbonise industry and transport. International collaboration is essential in helping to achieve our hydrogen ambitions with the required urgency and deliver a net zero transition for both economies.
The program will be launched in October 2023.
Australia recently joined 14 countries, including Germany, Japan and the United Kingdom, in a new forum to improve the market for importing and exporting green hydrogen across the world.
Related article: Origin to build Australia’s biggest hydrogen electrolyser
The new International Hydrogen Trade Forum (IHTF) will bring countries together to work through issues and build productive conditions for a reliable international hydrogen trade market.
Green hydrogen, which is hydrogen made from renewable energy including wind and solar, will play an important role in global energy supply and storage as countries work to reduce greenhouse gas emissions by using renewable energy.
