Sydney, the state capital for New South Wales
Industry welcomes New South Wales hydrogen strategy
Aim is to halve cost of green hydrogen production in the region from $A8.6/kg to under $A2.80/kg by 2030
Australia’s energy industry has welcomed the launch of the New South Wales (NSW) hydrogen strategy, saying it is a clear demonstration that the state government is serious about using hydrogen to meet its decarbonisation goals. The strategy will see the provision of up to A$3bn ($2.24bn) of incentives and aims to halve the cost of green hydrogen production in the region from $A8.6/kg currently to under $A2.80/kg by 2030. It also aims to produce 110,000t/yr of green hydrogen from 700MW of electrolysers by 2030. Andrew Forrest, chairman of energy firm Fortescue Future Industries, welcomes the strategy as key to his firm’s plans to increase production. “NSW is taking a state leadership position
Also in this section
5 December 2025
European Commission highlights rapid growth of Chinese production this year, as it retains strict procurement rules in latest European Hydrogen Bank subsidy auction
2 December 2025
Oil major cites deteriorating demand and a planning debacle as it abandons one of UK’s largest blue hydrogen projects
1 December 2025
Project at Emden in northwest Germany due online in 2027, but wider ramp-up of clean hydrogen sector in Germany will require overhaul of government policy, company warns
25 November 2025
The northwest African country’s vision of integrating green power, molecules and steel is alive and kicking, and serves as a reminder of hydrogen’s transformative potential
