CSIRO has released a report highlighting the substantial potential of Australia's hydrogen electrolyser manufacturing (HEM) sector. The report suggests that by 2050, the sector could generate $1.7 billion in revenue and create nearly 4000 jobs. Australia is seen to have a strong foundation in this sector, with local electrolyser manufacturers leveraging innovations from research institutions and a growing number of projects aimed at producing renewable hydrogen. The report stresses the importance of seizing the current opportunities to establish a robust electrolyser manufacturing industry that can contribute long-term value to the economy. Key strategies outlined in the report include aligning with clean energy manufacturing opportunities, fostering sovereign capabilities through international partnerships, and promoting strategic manufacturing hubs. Furthermore, the report identifies significant growth prospects in electrolyser installation services, estimating an additional $1.2 billion in revenue and 1000 jobs by 2050. The leader of CSIRO's Hydrogen Industry Mission underscores the window of opportunity for Australia to secure a share in the global electrolyser market by capitalizing on the existing renewable hydrogen projects and developing a localized supply chain. Overall, the sentiment conveyed in the report is positive, emphasizing the economic and environmental benefits Australia could gain by strategically investing in the hydrogen electrolyser manufacturing sector.