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Newcastle Herald

National

Matthew Kelly

Port of Newcastle's $100m clean energy rush

Energy Port Craig Carmody Port of Newcastle Newcastle

Energised: Port of Newcastle executive manager marine and operations Glen Hayward and executive manager business development Matt Swan at the site earmarked for the port's energy precinct. Picture: Jonathan Carroll.

The federal government's $100 million investment in the development of Port of Newcastle's energy precinct will also supercharge plans to create a $3.1 billion hydrogen hub capable of creating 5000 jobs.

The funding announced in Tuesday's budget will support detailed early works to enable final investment decisions on pipelines, compression facilities, storage and other infrastructure related to the port's energy projects.

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