Applications are now open for $20 million in grant funding to support the design and delivery of renewable hydrogen trucking along Australia’s busiest freight corridor, thanks to co-funding by the Victorian and NSW Governments.
The Victorian Government has invested $10 million in grant funding for the Hume Hydrogen Highway, a joint grant initiative to support the development of at least four refuelling stations along the highway and approximately 25 hydrogen-powered trucks.
Energy, Environment and Climate Action Minister Lily D’Ambrosio said the Hume Hydrogen Highway would create new jobs and investment in NSW and Victoria, building local knowledge, skills, infrastructure and supply chains, aiming to drive large widespread commercial uptake of renewable hydrogen in the heavy transport sector.
“Australia’s busiest corridor is the perfect place to kickstart the transition to a zero-emission freight sector,” Ms D’Ambrosio said.
“The renewable hydrogen highway will create new jobs, drive investment across the east coast and is a landmark step towards meeting Victoria’s target to halve emissions by 2030 as we work towards net-zero by 2050.”
Transport is one of Australia’s largest sources of greenhouse gas emissions, accounting for 25 per cent of Victoria’s total carbon footprint.
Renewable hydrogen shows strong potential to be cost competitive with diesel, which currently powers most of Victoria’s freight industry.
The Victorian, NSW and Queensland governments will collaborate on the development of the renewable hydrogen highway by 2026, focusing on the Hume Hwy, the Pacific Hwy and the Newell Hwy.
The Victorian Government is leading and supporting the development of Victoria’s rapidly emerging renewable hydrogen sector through the Renewable Hydrogen Industry Development Plan.
Grant applications close October 21. The successful applicant must enter into a joint funding agreement with both governments.
For more information visit www.energy.vic.gov.au/grants/hume-hydrogen-highway