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government funding or super major funding or maybe even both IMO

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20/12/22

17:12

Post #: 65387186
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Originally posted by camban: ↑

The Commonwealth’s Chief Economist has released their 2022 Resources & Energy Major Projects report here:

https://www.industry.gov.au/sites/default/files/2022-12/resources-and-energy-major-projects-2022_0.pdf

Two key slides relating to the Hydrogen industry are below. The chief economist considers one hydrogen project is at the “completed” stage and just one at the “committed” stage, leaving 22 projects at the “public announced” stage (worth up to half the value of the pipeline) and 24 projects worth $90bn to 146bn - presumably including us - at the feasibility stage.

Although PRL is not one of the hydrogen “megaprojects” in the report, WA continues to be highlighted as the region where most projects are being positioned.

Most notably, given its primary audience (briefing & overview to Govt officials, departments and Ministers), the report underlines the critical need for “significant government support if this sector is to be commercially viable.”

It’s a slow road, so over to you now Madeleine King and Chris Bowen!

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government funding or super major funding or maybe even both IMO

PRL Price at posting: 5.9¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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