A $100 million plan to develop a green hydrogen production and distribution facility in Geelong has been announced by GeelongPort.
The port plans to be operational by 2023 and signals GeelongPorts commitment to climate change and its goal of becoming “Australia’s most sustainable bulk port”.
Brett Winter, GeelongPort CEO, said the Geelong Hydrogen Hub will position Geelong as a leader in the development of clean energy infrastructure.
“As an infrastructure asset and key regional gateway for Victoria’s supply chains, we need to be adaptive and responsive to the impacts of climate change to ensure the long-term sustainability and resilience of businesses and communities that rely on us so heavily.”
GeelongPort will develop the facility alongside Singaporean renewable fuel technology company, CAC-H2, and will include the ability to convert hydrogen to green ammonia for export to Asia.
Glenn Davies, CAC-H2 CEO, said the company is excited to be partnering with GeelongPort.
“At CAC-H2, we are working hard to achieve net-zero emissions through the development of green hydrogen and renewable energy assets and look forward to bringing clean energy infrastructure to Geelong and Victorian communities.”
Green hydrogen can be used as an alternative fuel source for Victorian households, businesses, and industries, stated GeelongPort.