Australia's Promising Future in Hydrogen Production and Export
Key Ideas
  • Australia poised to be a significant global player in renewable energy with 81 projects underway, investing A$22 billion in new energy capacity.
  • Potential for Australia to excel in 'green hydrogen' exports with abundant renewable energy sources and infrastructure.
  • Federal government's A$22.7 billion package includes incentives like the Hydrogen Production Tax Incentive to boost hydrogen projects.
  • Global patent filings indicate significant activity in hydrogen technologies, with Australia's CSIRO and Aquahydrex among the top filers.
Spruson & Ferguson recently discussed 'The Power of Hydrogen' report, highlighting Australia's potential in hydrogen technologies. With increasing climate change impacts, the need for sustainable energy sources is urgent. Australia's renewable energy projects are growing, positioning the country as a key player in the industry. The report identifies Australia as well placed for clean hydrogen production and export due to its resources and infrastructure. The government's new incentives, including the Hydrogen Production Tax Incentive, aim to accelerate hydrogen projects. Global patent filings show active innovation in hydrogen technologies, with China leading the way. In Australia, organizations like CSIRO and Aquahydrex are contributing to hydrogen patent filings, focusing on local and international protection. Partnerships with countries like Japan, Germany, the UK, Singapore, and South Korea indicate a promising future for Australia's hydrogen industry.
ADVANCEH2

Our vision is to be the world's leading online platform for advancing the use of hydrogen as a critical piece needed to deliver net-zero initiatives and the promise of a clean H2 energy future.

© 2024 AdvanceH2, LLC. All rights reserved.