Australia has unveiled its National Hydrogen Strategy with a focus on developing a domestic green hydrogen industry and becoming a global leader in hydrogen production. The government plans to invest US$15 billion over the next decade to boost the renewable energy sector and critical minerals economy. The strategy includes a US$5.4 billion allocation for programs such as the Hydrogen Production Tax Incentive and the green Hydrogen Headstart program, aiming to attract private sector investment of US$33.6 billion. By 2030, Australia aims to exceed 1 million tons of annual green hydrogen production capacity, with a target of 15 million tons by 2050, supported by set milestones. Minister for Climate Change and Energy, Chris Bowen, highlighted the benefits of the strategy in driving economic growth and helping Australia achieve its net zero targets. With over 20% of global hydrogen projects based in Australia and growing trading agreements with partners like Germany, the country is poised to capitalize on the expanding clean hydrogen market.