This is on the old web page but it didnt seem to help ECT at all as we hit all time share price lows yesterday as we race towards revenues...
How will it work?
The program will use a competitive process to select large Australian-based projects. It will focus on projects producing hydrogen from renewable energy, or derivative products (for example ammonia or methanol).
Successful projects will have the opportunity to receive funding as a production credit. This funding credit will cover the current commercial gap between the cost of producing renewable hydrogen and its market price. This should enable producers to offer hydrogen to users at a price that will encourage its use.
https://www.dcceew.gov.au/energy/hydrogen/hydrogen-headstart-program
ECT Chart, page-417
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26 | 36001532 | 0.001 |
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