Virtual networking space now online to facilitate £5 million investment by UK and Australia in renewable hydrogen innovation
The primary objective behind this initiative is to inject funds into joint UK-Australia hydrogen innovation projects, driving down the costs associated with establishing a low-carbon hydrogen infrastructure.
In a bid to accelerate the development of a low-carbon hydrogen economy, a pioneering initiative has been launched, heralding a £5 million partnership between Innovate UK and Australia’s Department of Climate Change, Energy, Environment & Water (DCCEEW).
To facilitate this process, a virtual networking space to assist on business-partner matching for the Australia-UK Renewable Hydrogen Innovation programs has been jointly organised by Innovate UK and the DCCEEW.
Seeking proposals from business-led collaborations between UK and Australian registered micro, scale-up, and SME businesses, the program underscores the need for joint efforts in developing commercial products, processes, or technical services that offer mutual benefits to both nations.
Interested parties are encouraged to focus on at least two critical areas: affordable low carbon hydrogen production, integration of hydrogen production with renewables, safe and efficient hydrogen storage and distribution, and the utilization of hydrogen in mobility, industrial processes, and power generation.
To spearhead a project, the leading organization must be a UK registered business of any size, involving a UK registered micro, small, or medium-sized enterprise (SME). Collaboration mandates engagement with at least one Australian registered eligible organization, distinct legal entities from their UK counterparts.
The project team should include at least one grant-claiming UK registered micro, small, or medium-sized enterprise (SME). Eligible collaborators from the UK spectrum encompass businesses of varying sizes, academic institutions, charities, not-for-profits, public sector organizations, and research and technology organizations (RTOs).
Those considering participation are advised to carefully review the eligibility criteria, ensuring proposals align with the specified focus areas. Clarity in demonstrating the collaborative advantages and the potential benefits to both the UK and Australian stakeholders is paramount.
The deadline for submission is January 12, 2024.
Australian applicants can register for a December 18 information session about the Program here.