Warrnambool will become an alternate energy powerhouse creating new jobs and business opportunities for locals in green energy.
The Morrison Government today announced it would invest $2 million to support the initial stages of a hydrogen hub to enable the creation of a hydrogen fuel cell and supply chain project in Warrnambool.
Minister for Education Dan Tehan said the project would position Warrnambool, and the region, as a national leader in hydrogen energy research and commercialisation.
“This hub will help supply green energy at a competitive price to meet the needs of the community and power the region’s industry, transport and energy markets,” Mr Tehan said.
“The Hydrogen Council predicts the global hydrogen market will be worth around $US2.5 trillion by 2050. Australia’s Chief Scientist has also nominated hydrogen as a potential area of emerging priority and one where Australia’s current circumstances could create a competitive advantage.”
Deakin University will lead the project with Kenworth and the City of Warrnambool. When the initial phase is complete, Deakin University will work to establish a 4.5 hectare hydrogen precinct site that will support fuel cell manufacturing, gas pipeline testing and the development of safety and standards protocols.
“The industry and community organisations that partner or co-locate within the Warrnambool-based precinct will also benefit,” Mr Tehan said. “This energy precinct will set a template for other regions that are looking to collaborate on projects that align with Government priorities.
“This project is part of the Morrison Government’s plan to encourage greater collaboration between universities and businesses on research innovation and workforce preparation. The research done by our universities can lead to the development of new products and innovations that drive job growth, business opportunities and productivity gains.”