Electricity is currently the largest cost input for hydrogen production, but concessions are available to subsidise outlay. By taking advantage of these concessions, you can produce green hydrogen at a lower cost and be more competitive with incumbent fuels.
These concessions are a key commitment under the NSW Hydrogen Strategy to create a commercial green hydrogen industry in NSW and accelerate uptake across transport industry and energy.
There are 2 groups of concessions available for green hydrogen producers:
- exemptions for schemes levied on electricity consumers
- discounts on charges for electricity network services.
You can apply for multiple concessions at one time through a single application form. You can apply for the concessions and receive approval confirmation during project development to help inform a final investment decision.
