Australia’s ambition is to become a renewable energy super power, decarbonise its
economy, and increase clean energy exports to contribute to regional and global
decarbonisation. Green hydrogen use in Australia would help the country to reduce
emissions in the high-temperature industries as well as some transport sectors. Work
is also underway to understand how hydrogen could be used to power our homes and
kitchens. Australia has a potential to build a clean, innovative, safe and
competitive hydrogen industry. Since the release of Australia’s National Hydrogen
Strategy in 2019, there is now a $127 billion of projects announced in
Australia. This includes over 15 projects that have passed final investment decision and over 80 announced renewable hydrogen projects. The Australian
Government, industry and researchers have undertaken a substantial amount of work
to quantify the opportunities of renewable hydrogen in Australia and set the goal for
hydrogen production at under $ 2 per kilogram. The country is setting the foundations
for Australia to be a major hydrogen exporter by partnering with other countries to
attract investment, build supply chains, and advance research and development.
