The South Australian and federal governments have announced the finalisation of $100 million in funding for the Port Bonython Hydrogen Hub, supporting the development infrastructure for the state’s first hydrogen export terminal.
Sixteen kilometres from Whyalla, Port Bonython is currently used to export resources derived from the Cooper Basin oil fields, including crude oil and butane.
According to a statement from the federal and state governments on Monday, the redeveloped port would see exports “worth up to $13 billion and projected to generate as much as 1.8 million tonnes of hydrogen by 2030.”
“Green hydrogen will play a crucial role in our clean energy transformation and will create jobs and spur investment in regional Australia,” said federal energy minister Chris Bowen.
“Our state is blessed with the key ingredients the world needs to decarbonise international economies – abundant coincident wind and solar resources, critical minerals, strong renewable energy penetration, and well developed industrial hubs,” said premier Peter Malinauskas.
Picture: credit SA government