The Australian Government announced six shortlisted applicants for its AUD $2bn ($1.36bn) Hydrogen Headstart Program at the end of December (2023).
Representing over 3.5GW of electrolyser capacity, the six projects are said to be among the “largest” renewable hydrogen projects globally.
Having been invited to submit full applications to the next stage of negotiations, if successful, the projects could receive a production credit for renewable hydrogen or derivatives over a 10-year period.
Read more: Australia propose hydrogen production credits under Hydrogen Headstart Program
Aimed at closing the gap between the cost of the hydrogen produced and the sales price of the product, the credit is hoped to provide certainty to investors, project developers and end-users.
The six shortlisted applicants are:
bp Low Carbon Australia’s H2Kwinana. The project plans to install 100MW of electrolyser capacity at the site – with potential to expand to 1.5GW in subsequent phases.
HIF Asia Pacific’s HIF Tasmania eFuel Facility. Expected to produce up to 100 million litres of e-gasoline by 2028, using electrolytic hydrogen and recycled carbon dioxide.
KEPCO Australia’s Port of Newcastle Green Hydrogen Project. With plans to scale to 1GW of electrolyser capacity, the project will start with 40MW to produce hydrogen for use in mobility, bunkering, energy production and more.
Origin Energy Future Fuels’ Hunter Valley Hydrogen Hub. Located on Kooragang Island, the project aims to decarbonise ammonia production by replacing natural gas feedstock with hydrogen.
Stanwell Corporation’s Central Queensland Hydrogen Project (CQ-H2). Initially planned to install 640MW of electrolyser, the site could expand to 2.24GW of capacity to be used to ammonia and liquid hydrogen exports.
Murchison Hydrogen Renewables Project. Using 5GW of onshore wind and solar energy, the project is expected to produce two million tonnes of green ammonia.
The Headstart mechanism follows similar schemes seen globally, including the US’ Inflation Reduction Act (IRA) with up to $3/kg in production tax credits; the EU’s competitive bids for a fixed premium per kg of green hydrogen; and Canada’s Clean Hydrogen Investment Tax Credit.
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