The New South Wales Government has signed a $45 million funding agreement to build a hydrogen hub on Kooragang Island near Newcastle. The Hunter Valley Hydrogen Hub is designed to assist emissions-intensive industries to reduce their reliance on fossil fuels.
The project, led by Origin Future Fuels with funding from the Federal and New South Wales State Governments, will be a regional cornerstone of the hydrogen industry, accelerating New South Wales’ shift towards clean technologies and net zero.
The Hunter Valley Hydrogen Hub will produce green hydrogen through electrolysis (splitting water), which can be used to store energy and as a feedstock in industrial processes. The hub will initially deliver approximately 55MW of electrolyser capacity by 2026, with an aim to scale up to over 1GW of capacity over the next decade.
The hub will use a proton exchange membrane (PEM) electrolyser, which is the most common type of electrolyser used today. PEM electrolysers are highly efficient and can operate in a wide range of conditions.
The Hunter Valley Hydrogen Hub has the potential to significantly reduce emissions from industry in New South Wales. The hub will also create jobs and boost the local economy.
The Hunter Valley Hydrogen Hub is a significant development for the hydrogen industry in New South Wales. The hub will help to reduce emissions from industry, create jobs, and boost the local economy.