The Port of Newcastle and broader Hunter region are on track to become hydrogen-ready thanks to $100 million funding from the federal government.
The Port of Newcastle’s Clean Energy Precinct has reached a major milestone signing agreements for key design work and environmental impact studies.
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The precinct will renew a disused 220ha industrial site to facilitate clean energy production, storage, transmission, domestic distribution and international export.
The government is supporting these latest studies along with the procurement and delivery of enabling works for the precinct. The project is being delivered in partnership with the NSW Government through a Federation Funding Agreement Schedule.
The commencement of Front-End Engineering Design (FEED) and Environmental Impact Statement (EIS) studies follow previous work by the Port of Newcastle including public and industry engagement and feasibility studies. Formal community consultation and further industry engagement will now be undertaken by the port.
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Climate Change and Energy Minister Chris Bowen said, “The Hunter has been industrial and economic powerhouse for decades, making the Port of Newcastle an ideal location for a clean energy precinct that can support decarbonisation of heavy industry and connect Australia’s renewable resources to the world.
“The Albanese Labor Government is supporting industrial regions like the Hunter to take advantage of the economic and job opportunities that come with more affordable and reliable renewable energy.”
