Hydrogen fund needs to ‘close the gap’ on costs

According to The Australian Financial Review, the federal budget’s $2 billion hydrogen fund would get the biggest bang for its buck by closing the gap between the cost of production and what customers are prepared to pay, potentially helping billions of dollars worth of projects to a final investment decision, aspiring producers say.
The priority must be to get green hydrogen and ammonia projects off the ground in Australia, using the available funds in a targeted way, said Daniel Kim, CEO of Korea Zinc’s Australian subsidiary Ark Energy, which is planning a $20 billion-plus project in Queensland.

https://www.afr.com/companies/energy/hydrogen-fund-needs-to-close-the-gap-on-costs-ceos-20230510-p5d79e