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Australia: Approval of AUD 70 million financial grant for establishing the Townsville Hydrogen Hub

Description

On 30 January 2024, the Australian Government allocated AUD 70 million (approx. USD 46.1 million) in the form of a financial grant to Edify Energy for the development of the Townsville Region Hydrogen...

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Intervention Details

Intervention Type

Financial grant

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

30 Jan 2024

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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