Australian Minister for Climate Change and Energy Chris Bowen and U.K. Secretary of State for Energy Security and Net Zero Grant Shapps announced a new joint initiative at a Green Hydrogen Roundtable during the 14th Clean Energy Ministerial and 8th Mission Innovation Meeting in Goa, India.
Both countries will provide funding for Australian and British companies to work together on research, development or demonstration projects on renewable hydrogen.
The new arrangement is part of a broader push by the Australian government to work with like-minded countries to build supply chains, enhance investment and shape global markets for clean energy technologies.
The agreement will build on a clean energy partnership between Australia and the U.K. developed in 2021. It will focus on renewable hydrogen and its applications to decarbonise industry and transport. International collaboration is essential in helping to achieve our hydrogen ambitions with the required urgency and deliver a net zero transition for both economies.
The program will be launched in October 2023.
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