15-year CfD scheme to close cost gap
A 15-year CfD scheme supports domestic and imported hydrogen, requiring at least 10 years of operation post-subsidy. Amendments to the JOGMEC Act (effective 2025) enable support for both supply and demand, including hub development.
Eligibility requires supply to hard-to-abate sectors (e.g. industry, transport); power sector-only proposals are ineligible. Projects must start before 2030.
Application window: Nov 22 – Mar 31, 2025
Evaluation: Begins Jan 31, 2025
Reference price: Based on conventional or fossil hydrogen prices
Minimum size: 1 ktpa
May 2025: 27 bids received; results to be announced through April 2026
Eligibility requires supply to hard-to-abate sectors (e.g. industry, transport); power sector-only proposals are ineligible. Projects must start before 2030.
Application window: Nov 22 – Mar 31, 2025
Evaluation: Begins Jan 31, 2025
Reference price: Based on conventional or fossil hydrogen prices
Minimum size: 1 ktpa
May 2025: 27 bids received; results to be announced through April 2026
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