“Tasmania’s future wind farm and pumped-hydro developments, alongside our Battery of the Nation and Marinus second interconnector projects, mean we are well placed to be a major producer of renewable hydrogen long-term,” Mr Barnett said in a statement.
Reports show a 1000MW facility – equivalent to supplying around 1 million homes – could be feasible by 2030, creating an estimated 1,200 regional jobs, and supporting a further 2,000MW of renewable energy investment in Tasmania.
Analysis indicates Tasmania could produce renewable hydrogen 10 to 15 per cent cheaper than other Australian power grids, and 20 to 30 per cent cheaper than from dedicated off-grid variable renewables.
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