Investing in green hydrogen
Kickstarting the green hydrogen economy Australia aims to be a global hydrogen leader, exporting green hydrogen and using it to decarbonise Australian industries.
Catalysing investment The CEFC is focused on investing in projects which align with the National Hydrogen Strategy and put Australia on a path to be a global green hydrogen leader by 2030. We are also seeking to harness the potential of green hydrogen to support the national ambition of reaching net zero emissions by 2050.
The National Hydrogen Strategy estimates that through developing a domestic hydrogen industry, $50 billion could be generated in additional GDP by 2050. We aim to encourage emerging investor interest in hydrogen where economic returns do not yet achieve investor benchmarks. This includes identifying opportunities to attract large-scale institutional capital by proving up risks to allow the market to move to larger-scale projects