ENABLING THE PORT OF THE FUTURE AT NEWCASTLE

A New Energy Economy in the Hunter

Australia’s deepwater global gateway is creating the Port of the Future in Newcastle – regenerating a 220-hectare parcel of industrial wasteland into a dedicated Clean Energy Precinct that will position Newcastle and the Hunter Region as a leading production, storage and export hub for future clean energy products and technologies including hydrogen and green ammonia.

Through the Clean Energy Precinct, Port of Newcastle will support all hydrogen, and clean energy projects in the Hunter by providing land, utilities, storage, transport and export infrastructure and services – in turn generating over 5800 jobs, new educational pathways and expanded economic growth.

CLEAN ENERGY PRECINCT ECOSYSTEM

A Clean Energy Ecosystem at Scale

Supported by a $100-million Commonwealth Government funding commitment which effectively designates the Port as the State’s future hydrogen hub, the purpose of the Clean Energy Precinct is to establish a clean energy economy in the Hunter Region and accelerate the demand for the economy. Port of Newcastle will enable the new clean energy economy by forming connections across infrastructure, markets and people.

The Clean Energy Precinct will offer common user, open access, shared infrastructure across clean energy storage, transport and export facilities. The common user model encourages efficiency through economies of scale and supply chain coordination and is a critical part of the existing energy supply chain at the Port.

The storage, transport and export facilities will serve the clean energy production facilities both within the Clean Energy Precinct and throughout the Hunter Region. This allows for new connections between renewable energy projects, clean energy production projects and the Port’s biggest asset, its deepwater channel.

Port of Newcastle’s diversification will support Australia’s largest embedded utilities network. Three out of the state’s top five electricity and gas users are located within 20 kilometres of the Port and the Precinct will integrate clean energy production and storage with the Hunter’s Hydrogen Hub gateway projects, the state’s Renewable Energy Zones and offshore wind developments.

“Port of Newcastle has a long history in energy export and is diversifying further to drive the clean energy trade flows of the future. We are harnessing the Hunter region’s capability and critical energy assets to deliver Australia’s decarbonisation objectives whilst creating new, and additional trade opportunities, jobs and economic growth for clean energy export at scale in Australia and locally.”

Craig Carmody
Chief Executive Officer

Enabling a clean energy economy in the Hunter:

Economic Benefits

5800 jobs

Increase to gross regional product of the Hunter Region

$4.2-billion

Increase to gross regional product of the Hunter Region

Decarbonisation

660 ktpa

Increase to gross regional product of the Hunter Region

1 mtpa

Potential emissions avoided as a result of clean product export

Wider Benefits

Re-Skilling

Existing workforce impacted by industry diversification
and decarbonisation.

Long-term prosperity

For the Region as it becomes a clean energy powerhouse

Energy Stability

3GW

Renewable capacity supported

Lower energy price volatility

SUPPORTED TO SUCCESS

Powered by Partnerships

Standing at the forefront of the development of a new economy we at Port of Newcastle believe that partnerships, both local and international, which bring together infrastructure, investment, knowledge, skills and resources, will be critical in the establishment and scale-up of a domestic clean energy economy and export trade pathway at Port of Newcastle.

By combining local, Australian and international expertise and research, we can remain agile in this globally-emerging landscape and work collaboratively to provide a faster pathway to scale. The Port’s Clean Energy Precinct project has attracted a broad range of local and international support, with 15 Memorandum of Understanding Agreements secured and 15 supporting partner letters of intent or support for the once-in-a generation project across skills and training, mobility, heavy industry, export and bunkering, clean energy production, power, generation, gas network and electricity market.

You can learn more about the 30 partnerships supporting the Clean Energy Precinct in our media release here.

Federal Minister Chris Bowen and Port of Newcastle CEO Craig Carmody with the Clean Energy Precinct’s MOU and Supporting Partner Organisations (July 2023)

PARTNER INSIGHTS

By collaborating with all levels of government, with industry partners and education providers, we are working to deliver a shared ambition to accelerate innovation, foster technological advancement, generating jobs and educational pathways for this new industry at scale. Our vision is a thriving Hunter community which is viewed as the best place to work in the clean energy industry, both in Australia and across the world.”

Simon Byrnes
Chief Commercial Officer

MAJOR PROJECT MILESTONES

Although in the early stages of the project planning phase, our Clean Energy Precinct Team has achieved some significant project milestones this year including:

Community consultation will continue through the lifespan of the project and its planning phases as indicated in the below progress timeline.

Port of Newcastle lodges post feasibility study phase Scoping Reports

Further Information

Our dedicated 220-hectare Clean Energy Precinct will offer the perfect platform for large scale clean energy production, which will be supported by common user, open access, shared infrastructure across clean energy storage, transport and export facilities servicing production from the Precinct itself and from right across the Hunter Region.”

Craig Carmody
Chief Executive Officer