News
15 May 2024

Australia unveils new green hydrogen subsidy

In:
Renewables
Region:
Asia-Pacific

The Australian government has announced a new Hydrogen Production Tax Incentive (HTPI) that will pay developers A$2 ($1.32) per kilo of green H2 over a ten-year period, starting from 2027.This is less than half as generous as the similar US hydrogen production tax credit, which offers up to $3/kg...

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