Seeking to provide confidence to the market, Victoria and NSW said they will fund the construction of hydrogen refuelling stations
Australia’s three most populated states will jointly fund the development of a string of hydrogen refuelling stations along the country’s most used highways, as the three state governments look to accelerate the electrification of the transport sector.
Seeking to provide confidence to the market, Victoria and NSW said they will fund the construction of four hydrogen refuelling stations between Melbourne and Sydney. The cost of hydrogen is expected to decline quickly as greater renewable energy generation comes online and the cost of electrolysers falls.“Renewable hydrogen will increasingly become a competitive zero emissions fuel option for our heavy transport sector, giving our trucking industry the opportunity to decarbonise their fleets,” NSW Treasurer and minister for the environment Matt Kean said.
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