Driving a clean industrial revolution

The Net Zero Industry and Innovation Program is the NSW Government's plan to support and partner with industry to reduce emissions and help NSW businesses prosper in a low carbon world. By accelerating the development of clean technology and decarbonisation, we will grow the economy, support jobs and significantly reduce emissions.

This program is part of the NSW Net Zero Plan Stage 1: 2020-2030 to reduce emissions by 50 percent by 2030 and achieve net zero by 2050.

Net Zero Industry and Innovation has 3 focus areas.

1. Clean technology innovation 

Supporting the development and continued innovation of emerging clean technologies. 

This focus area will enable knowledge sharing, capacity building and collaboration between researchers, industry and government.  

Learn more about our priorities in this area and the streams of work.

2. New low carbon industry foundations 

Laying the foundations for low emissions industries by:

• building enabling infrastructure and increasing capability of our supply chains
• fostering and supporting emerging clean manufacturing precincts in NSW.

In February 2022, an extra $300 million was announced to expand this focus area as part of the Government’s response to the closure of Eraring power station.

This funding will help build the State’s clean manufacturing base, using new, clean technologies such as green hydrogen, cement, ammonia and steel production. This will accelerate the roll out of new low carbon industries and is expected to create up to 500 new jobs.

Learn more about clean manufacturing precincts and our decarbonisation roadmaps.

Developing hydrogen hubs for NSW

The $70 million hydrogen hub initiative is supporting the development of hydrogen hubs in the Hunter and Illawarra regions. Expressions of interest for hydrogen projects closed on 11 February 2022. Hydrogen consumers can still get involved by submitting a registration of interest. Visit the hydrogen hubs page for further details.

These hydrogen hubs will play a critical role in growing a thriving NSW hydrogen industry. Read more about the future of hydrogen in the NSW Hydrogen Strategy.

For more information email [email protected].

3. High emitting industries  

The biggest opportunity for decarbonisation in NSW industry sits with a relatively small number of existing high emitting industries.

To help these industries shift to net zero and deliver significant emissions reduction by 2030, $380 million has been allocated to support major plant and equipment upgrades.

We have begun working with some of the largest manufacturing facilities in NSW to scope transformative industrial projects to fast-track their emissions reductions.

Funding cycles

Net Zero Industry and Innovation will provide a range of funding opportunities for industry and business. More information about the funding cycles can be found here.

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