Australia and UK forge green hydrogen partnership with joint funding pact
The Australian and United Kingdom governments have joined forces to announce a groundbreaking commitment to funding renewable hydrogen projects.
The announcement was made by Australian Minister for Climate Change and Energy, Chris Bowen, and UK Secretary of State for Energy Security and Net Zero, Grant Shapps, during the Green Hydrogen Roundtable held at the 14th Clean Energy Ministerial and 8th Mission Innovation Meeting in Goa, India.
Through this collaboration, Australian and British companies will be provided with financial support to work together on research, development, and demonstration projects focused on renewable hydrogen.
This funding call represents a united effort by both countries to foster innovation, build resilient supply chains, attract investment, and shape global markets for clean energy technologies by funding Australian and British companies to work together in the hydrogen sector.
Minister Chris Bowen underscored the commitment of the Australian Government to international cooperation in driving the transition to sustainable energy sources.
"This joint funding call with the UK showcases our shared determination to combat climate change and accelerate the adoption of renewable hydrogen," Bowen stated. "By working together, we can create a greener future for both nations and contribute to global efforts in mitigating the effects of climate change."
The partnership builds upon an existing clean energy alliance forged between Australia and the UK in 2021. Focusing on the potential of renewable hydrogen and its versatile applications, the program is poised to play a crucial role in decarbonizing industries and transport sectors in both nations.
Secretary Grant Shapps emphasized the importance of international collaboration in achieving swift and effective solutions to address the climate crisis.
"Our joint commitment to renewable hydrogen is a significant step towards a cleaner, more sustainable future," Shapps said. "By pooling our expertise and resources, we can drive innovation and accelerate the transition to a net-zero emissions economy."
The official launch of the funding call is scheduled for October 2023, marking the beginning of an exciting era of collaboration between Australia and the UK in the realm of renewable hydrogen.
