The Albanese and Malinauskas Governments have finalised a grant agreement to develop the Port Bonython Hydrogen Hub near Whyalla.
Together, both governments are investing $100 million to develop infrastructure at Port Bonython and prepare it to become South Australia’s first large-scale export terminal for hydrogen.
Along with private sector funding, the redeveloped Port Bonython is expected to host projects worth up to $13 billion and projected to generate as much as 1.8 million tonnes of hydrogen by 2030.
With expanses of available land, abundant solar and wind resources, South Australia is primed to become a world-class, low-cost hydrogen supplier and the SA Government has a comprehensive plan to develop a hydrogen industry in the Spencer Gulf, including through its world leading Hydrogen Jobs Plan, which will include development of a hydrogen electrolyser, power station and storage facility.
Press release https://is.gd/OrNB1B
