Global Trade Alert
Global Trade Alert

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

Announcement

30 Jan 2024

In January 2024, the Australian government approved a financial grant worth AUD 70 million (approx. USD 46.1 million) for the establishment of the Townsville Hydrogen Hub.

 

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

30 Jan 2024

Revocation date:

No revocation date

Updated: 30 Jan 2024
Financial grant In force

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 Hydro...

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