Where we invest

Advancing Hydrogen Fund

Through the $300 million Advancing Hydrogen Fund the CEFC is working to support the growth of a

clean, innovative, safe and competitive Australian hydrogen industry.

The Advancing Hydrogen Fund focuses on projects where there is state or territory government financial support or policy alignment with the National Hydrogen Strategy. Smaller-scale hydrogen-related investments may be made via the Clean Energy Innovation Fund, which is managed by Virescent Ventures on behalf of the CEFC.

Renewable hydrogen

Renewable hydrogen can enable the deep decarbonisation of difficult to abate sectors of our economy, particularly in transport and industry, while accelerating the contribution of renewable energy and contributing to energy efficiency. Australia has the potential to be a global hydrogen leader, potentially exporting hydrogen as well as using it to decarbonise industry. Concessional financing through the Advancing Hydrogen Fund is an important policy initiative to catalyse investment in large-scale hydrogen projects, which may include technology, construction, operating and revenue risks.

READ OUR REPORT

Australian hydrogen market study

Low carbon hydrogen is emerging as a potential key vector for the future of the Australian energy transition and the industrial economy. This study explores the costs of production and the competitiveness of low carbon hydrogen in 25 Australian end-use sectors, relative to the incumbent technology.

Case study

Landmark hydrogen hub supports Ark Energy green zinc ambitions

Ark Energy is to be congratulated on its leadership in the hydrogen sector with SunHQ contributing to reducing emissions and supporting the reduction of carbon in the zinc supply chain.
Ian Learmonth
CEFC, CEO

Hydrogen Park Murray Valley paves way for Australian green hydrogen industry

We are pleased to participate in debt financing for one of Australia’s largest renewable hydrogen plants as a key step in the ongoing development of this exciting part of our sustainable economy of the future.
Rupert Maloney
Head of Hydrogen, CEFC

Clean and efficiently green frontier hydrogen development

We have been looking globally for new technology that can unlock the trillion-dollar opportunity in hydrogen. The Hysata technology is truly world-leading, and we’re very excited to help the team in their mission to make green hydrogen a reality for Australia and the world.
Michael Molinari
Managing Director, IP Group Australia

HydGene technology produces hydrogen from biomass waste

Our innovative technology not only paves the way for the growth and adoption of decentralised manufacturing hubs, but also plays a crucial role in the global transition to an affordable, green hydrogen economy.
Dr Louise Brown
CEO and Co-founder, HydGene Renewables