Hydrogen Production Tax Incentive (HPTI)

The Hydrogen Production Tax Incentive is an Australian federal tax measure that provides a refundable tax offset of 2 Australian dollars per kilogram of eligible renewable hydrogen produced by qualifying companies for up to ten years per facility between the 2027–28 and 2039–40 income years.[5][6][7][8] It is designed as an uncapped, demand‑driven incentive targeting medium‑ to large‑scale renewable hydrogen projects that meet strict emissions‑intensity criteria, facility size thresholds, and certification rules under the Guarantee of Origin Scheme. The policy forms a central plank of the Future Made in Australia package, aiming to accelerate industry scale‑up and reduce production costs over time.[6][7]