Gov pledges A$70m to Townsville hydrogen

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Gov pledges A$70m to Townsville hydrogen
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The Australian government has pledged A$70million for hydrogen development in Townsville, Queensland energy energysecurity greenenergy investment resources

PERTH – The federal government will invest A$70-million to support the development of a hydrogen hub in Townsville, in Queensland.

The Townsville Hydrogen Hub will create regional jobs, support Australia’s transition to a clean energy economy, and encourage decarbonisation in hard-to-abate sectors, such as industrial processing and transport.The region’s port facilities, workforce capacity, and proximity to Asian trading partners make it an ideal location for a green hydrogen hub.

The government’s investment in hydrogen hubs is now more than A$525-million, including the A$454-million Regional Hydrogen Hubs program for projects in places like Gladstone, the Hunter Valley, the Pilbara, Port Bonython and Bell Bay.

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