New Zealand unveils subsidies for industrial users of green hydrogen to cover cost gap between fossil fuels and H2

Government has budgeted NZ$100m over the next decade to encourage companies to make the switch, to be allocated in an auction-based system

New Zealand energy and resources minister Megan Woods.
New Zealand energy and resources minister Megan Woods.Photo: Getty
Published 24 May 2023, 10:04Updated 24 May 2023, 10:12