The Port of Newcastle's Clean Energy Precinct (CEP) has signed agreements for Front End Engineering Designs (FEED) and Environmental Impact Statements (EIS). These studies will cover crucial infrastructure including electrical systems, water services, general facilities, storage solutions, berth infrastructure, and pipelines to the berths. The funding for these agreements comes from the Commonwealth Government's $100 million grant dedicated to the CEP's hydrogen readiness. Craig Carmody, CEO of the Port of Newcastle, was joined on-site by Sharon Claydon MP, Federal Member for Newcastle, to mark this significant milestone. Carmody stated, "Today is a significant step forward for the Hunter Region. The Clean Energy Precinct is central to the Port of Newcastle’s diversification strategy to create the Port that our community, our region, and our state needs for the future. This phase will determine the infrastructure and services critical to the progression of the Precinct’s development and push us further towards hydrogen readiness." He added that once fully developed, the CEP is projected to contribute $4.2 billion and create an estimated 5,800 new jobs in the Hunter Region by 2040. This development aligns with the NSW Government's objectives to accelerate decarbonization and clean energy opportunities by boosting renewable energy generation, storage, and investment under the Electricity Infrastructure Roadmap. Carmody concluded by expressing gratitude, "I thank the Commonwealth and NSW Governments for their support, buoyed by our supporting industry partnerships, which has helped position the Port and our entire region as a leader for the future of clean energy product."