The Tasmanian government has taken a significant step towards advancing its renewable energy sector by executing a funding agreement with Countrywide Hydrogen under the $8 million Green Hydrogen Price Reduction Scheme. This initiative, part of the Tasmania 2030 Strong Plan for Tasmania’s Future, aims to support the development of a sustainable hydrogen sector to drive Tasmania towards zero emissions alternatives. Minister for Energy and Renewables, Nick Duigan, highlighted the importance of this agreement in making Tasmania a key player in the expanding green hydrogen market. The funding will be provided on a per kilogram basis of green hydrogen sold to end-users, bridging the cost gap to enhance the competitiveness of green hydrogen. Countrywide Hydrogen's Managing Director, Geoffrey Drucker, expressed pride in being the first recipient of GHPRS funding and emphasized Tasmania's potential to lead in green hydrogen production. The agreement outlines plans for hydrogen production at various locations within Tasmania, with a focus on supplying the local market, starting with the heavy transport sector. Through initiatives like the Green Hydrogen Price Reduction Scheme and the broader Renewable Hydrogen Action Plan, the government aims to incentivize and accelerate the growth of the hydrogen industry, creating job opportunities, stimulating economic growth, and contributing to global decarbonisation efforts. This partnership is expected to see significant investments in Tasmania over the next three years, benefiting regional economies and communities while fostering the development of a sustainable hydrogen economy.