Australia must advance hydrogen strategy – Australian Hydrogen Council
Industry association’s report outlines need to develop industrial and port facilities, new production processes and new vehicle technologies
Australia must launch a A$1bn ($0.72bn) hydrogen fund targeted at decarbonising hard-to-abate industrial sectors and A$565mn funding to trial hydrogen applications in the transport sector, according to a report from industry association the Australian Hydrogen Council. The report—entitled Unlocking Australia’s Hydrogen Opportunity—notes that the nation has low gas prices and geologic storage suitable for blue hydrogen development and good renewable resources suitable for green hydrogen production. “In the short to medium term, it is worth prioritising funding for applications that are more dependent on clean hydrogen for decarbonisation and have a medium economic gap to commerciality,” says
Also in this section
24 April 2024
Demand for energy purposes to outpace feedstock applications by the 2040s as government policies drive consumption, says DNV
24 April 2024
Danish firm joins growing list of European electrolyser manufacturers establishing production in US as IRA incentives prove strong draw
19 April 2024
UAE renewables developer weighs opportunities to join green hydrogen projects in US and Canada, Andreas Bieringer, director of green hydrogen business development and commercial, tells Hydrogen Economist
17 April 2024
Building green hydrogen ports and lower production costs key to becoming global exporter