New Zealand sets aside funds for hydrogen projects
In New Zealand, Inside Government reported that the New Zealand Government has confirmed it has set aside $17.6 million in Regional Infrastructure Funding for projects that will help grow the hydrogen sector.
Regional Development, Resources, and Associate Energy Minister, Shane Jones said hydrogen has huge potential to become a valuable part of a diversified and resilient renewable energy future for New Zealand.
“Hydrogen could play an important role in reducing emissions in parts of the economy where electrification isn’t the best option. This could be in heavy transport where the range and weight of a battery can be a problem, and heavy industry such as where specific chemical reactions or high temperatures are needed,” said Jones.
He said New Zealand needs a range of energy solutions to support economic growth and improve resilience.
“Hydrogen has the potential to complement our existing renewable energy resources and create new opportunities for industry and innovation,” the official added.
Category: Fuels
