Copenhagen Infrastructure Partners’ (CIP) 1.5GW Murchison green hydrogen project has become the first selected under the Australian Government’s Hydrogen Headstart programme to be awarded funding.
Energy Minister Chris Bowen today (March 20) gave the Western Australian project the green light by awarding it up to AUD $814m ($514m) in production incentives.
The 10-year production credit, under the first AUD $2bn ($1.26bn) Hydrogen Headstart package, will be paid at “production milestones” to support the project’s development.
... to continue reading you must be subscribed
