The Renewable Hydrogen Business Ready Fund provides $1.0 million to assist businesses to transition to renewable hydrogen. Businesses can apply for up to $150,000 in matched funding for a business case or feasibility study project. The Victorian Government encourages applications from a wide range of industries, including but not limited to agriculture, manufacturing, commercial users, water corporations and gas producers and distributors. The BRF is part of the Accelerating Victoria’s Hydrogen Industry program, which focuses on developing and deploying zero-emissions renewable hydrogen technologies in Victoria. The objectives of the BRF are to: • Enable businesses to identify pathways to transition towards renewable hydrogen • Target users of natural gas, hydrogen, and energy-intensive processes to maximise emissions reduction • Increase confidence in transitioning to renewable hydrogen across the sector • Build the profile of renewable hydrogen in Victoria and create a streamlined process for industry-government interactions and knowledge sharing.
Reviewed 22 July 2021