Minister for Energy Matt Kean announced this morning a $250 million commitment by the NSW Government over five years to ensure local manufacture of new energy infrastructure.

"We know some existing industries face challenges as the world decarbonises. That's why we need to make sure the low carbon economy thrives in NSW to create the jobs of tomorrow," Minister for Energy Matt Kean said.

"But the replacement of ageing energy infrastructure in Australia and around the world will create a once in a generation investment boom. I want to turn it into a manufacturing renaissance for NSW, particularly our industrial heartland."

On Thursday, Origin announced it's intentions to close Lake Macquarie's Eraring site - the largest coal-fired generator in Australia - in 2025, seven years earlier than planned.

The government plans to deliver 2700 jobs directly in the construction of "critical transmission infrastructure".

This will be in addition to 500 jobs in the manufacture of products such as wind towers, electrolysers and batteries as well as 500 jobs to "expand the New Low Carbon Industry Foundations".

Mr Kean added that, due to the investment, the Hunter Hydrogen Hub is "on pole position to become a global green hydrogen powerhouse".

"NSW also has some of the cheapest renewable energy in the world, which gives us a massive competitive advantage in producing clean fuels, chemicals and materials such as green steel, green ammonia and green hydrogen."

Minister for Enterprise, Investment and Trade Stuart Ayres said the investment "sends a clear message to the world".

"NSW is the best place to invest in the net zero emissions future - especially our manufacturing regions like the Hunter," Mr Ayres said.

"The $250 million Renewable Manufacturing Fund will help us secure our strategic energy supply chains and ensure that NSW business can access the equipment they need to replace our aging energy infrastructure on time."

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