Financing CleanTech and Advancing Hydrogen
Hydrogen also has the potential to be used as fuel for power and transportation. It generates zero emissions at point of use and can be produced from low-carbon electricity or from carbon-abated fossil fuels.
Hydrogen has the ability to make a major contribution to our transition to renewable energy, to minimise pollution across the economy and to support the growth of an important domestic and export market.
Renewable hydrogen will allow the deep decarbonisation of hard-to-abate industries, particularly in transport and manufacturing, while accelerating the contribution of renewable energy to the economy.
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