The state government released its draft renewable hydrogen action plan in November last year.

It's believed Tasmania, with its abundant clean energy resources, could be home to a 1000 megawatt renewable hydrogen production facility by 2030.

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There's emerging global demand for renewable hydrogen, with export markets in Asia expected to grow in the coming years.

In a response to the government's draft action plan, the Bell Bay Advanced Manufacturing Zone (BBAMZ) said the state needed to act quickly in order to become a leader in renewable hydrogen production.

"Tasmania needs to capitalise now as a matter of urgency on the competitive advantage it has through green hydrogen as this has the potential to diminish as other states increase their renewable energy investments," the submission read.

Bell Bay has been named as a site with strong potential to become a hub for renewable hydrogen production.

UPC Renewables has also written to the state government, expressing its interest in developing a renewable hydrogen plant.

"[We] would welcome the government's consideration of releasing suitable Crown land at Bell Bay," its submission to the government read.

Energy Minister Guy Barnett said the government had a record of action when it came to pursuing renewable hydrogen opportunities and that Tasmania was "perfectly placed to take advantage of this emerging market and well ahead of other states".

Mr Barnett said the final renewable hydrogen action plan would be released "in the near future".

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