The Australian Renewable Energy Agency (ARENA) today announced a $20m funding round for early stage research and development into hydrogen (H2) to propel innovation in exporting renewable energy.
The funding round is the first time ARENA has sought applications from the research sector and organisations involved in the H2 energy creation and supply chain.
H2 – or carriers, like ammonia – are potentially a way for Australia to export renewable energy. Electrical energy can readily be converted into H2 via electrolysis.
H2 production, conversion to a carrier for transport, storage or export, and transformation into energy at point-of-use are all stages of the supply chain that have significant scope for cost reductions on H2 production.
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