Monday, 20 July 2020 07:11

Seven companies shortlisted for $70 million hydrogen funding round


Seven companies have been shortlisted and invited to submit a full application for the next stage of the Australian Renewable Energy Agency’s $70 million hydrogen funding round.

ARENA has opened the the funding round to help fast track the development of renewable hydrogen in Australia, and says the funding is expected to play a significant role in supporting commercial-scale deployments of renewable hydrogen in Australia, and commence the pathway to achieving the Australian Government’s goal of ‘H2 under $2’.

The shortlisted applicants are:

  • APT Management Services Pty Limited

  • ATCO Australia Pty Ltd

  • Australian Gas Networks Limited

  • BHP Billiton Nickel West Pty Ltd

  • Engie Renewables Australia Pty Ltd

  • Macquarie Corporate Holdings Pty Limited

  • Woodside Energy Ltd

ARENA says he total grant requested across all seven is over $200 million, with a total project value of almost $500 million, with all applicants having well developed projects that involve deploying 10 MW or larger electrolysers, made up of various end uses including transport, gas injection, renewable ammonia production, power and industrial use.

Among the shortlisted applicants, there are four projects based in Western Australia, and one each in Queensland, Tasmania and Victoria.

ARENA says it aims to support two or more of the shortlisted large scale renewable hydrogen projects, with these projects expected to be among some of the largest electrolysers in the world.

Each project will need to be powered by renewable electricity, either directly or through a contracting approach,ARENA said.

During the initial application stage, ARENA received 36 expressions of interest, totalling more than $3 billion of renewable hydrogen projects.

ARENA CEO Darren Miller said: “We’re excited to be able to invite these seven projects to submit full applications for ARENA funding. Our ultimate goal is to bring the price of renewable hydrogen down to be competitive with other forms of energy and be at the forefront of renewable hydrogen production.

“The best way to help build a hydrogen industry is to support projects that will help demonstrate the technology at scale, and share the lessons learned to help the industry as a whole reduce risk and costs as well as increase efficiency.

“A thriving renewable hydrogen production sector will not only help our heavy industry and transport sectors to reduce emissions, but will provide the platform for Australia to export renewable energy and reduce emissions beyond our borders,” Miller said.

ARENA says applicants invited to the full application stage will have until January 2021 to prepare their application.

ARENA expects to select the preferred projects by mid 2021, with successful projects expected to reach financial close by late 2021 and commence construction in 2022, and all applicants may also be considered for financing from the Clean Energy Finance Corporation (CEFC) under the CEFC’s $300 million Advancing Hydrogen Fund.

ARENA has already committed over $55 million for renewable hydrogen projects including $22.1 million towards R&D projects, as well as feasibility studies into large scale projects and smaller scale demonstrations looking at renewable ammonia, power to gas and hydrogen mobility.

Subscribe to ITWIRE UPDATE Newsletter here

Active Vs. Passive DWDM Solutions

An active approach to your growing optical transport network & connectivity needs.

Building dark fibre network infrastructure using WDM technology used to be considered a complex challenge that only carriers have the means to implement.

This has led many enterprises to build passive networks, which are inferior in quality and ultimately limit their future growth.

Why are passive solutions considered inferior? And what makes active solutions great?

Read more about these two solutions, and how PacketLight fits into all this.


WEBINAR INVITE 8th & 10th September: 5G Performing At The Edge

Don't miss the only 5G and edge performance-focused event in the industry!

Edge computing will play a critical part within digital transformation initiatives across every industry sector. It promises operational speed and efficiency, improved customer service, and reduced operational costs.

This coupled with the new capabilities 5G brings opens up huge opportunities for both network operators and enterprise organisations.

But these technologies will only reach their full potential with assured delivery and performance – with a trust model in place.

With this in mind, we are pleased to announce a two-part digital event, sponsored by Accedian, on the 8th & 10th of September titled 5G: Performing at the Edge.


Peter Dinham

Peter Dinham - retired and is a "volunteer" writer for iTWire. He is a veteran journalist and corporate communications consultant. He has worked as a journalist in all forms of media – newspapers/magazines, radio, television, press agency and now, online – including with the Canberra Times, The Examiner (Tasmania), the ABC and AAP-Reuters. As a freelance journalist he also had articles published in Australian and overseas magazines. He worked in the corporate communications/public relations sector, in-house with an airline, and as a senior executive in Australia of the world’s largest communications consultancy, Burson-Marsteller. He also ran his own communications consultancy and was a co-founder in Australia of the global photographic agency, the Image Bank (now Getty Images).

Share News tips for the iTWire Journalists? Your tip will be anonymous




Guest Opinion

Guest Interviews

Guest Reviews

Guest Research

Guest Research & Case Studies

Channel News