Australia has strong potential for both blue and green hydrogen
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
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