A report by Xodus reveals that UK companies have a substantial opportunity to export their hydrogen development expertise to Australia. Australia is projected to be a leader in hydrogen production by 2024 and aims to be a major player in the global hydrogen market by 2030. With a focus on renewable hydrogen production leveraging its abundant wind and solar resources, Australia offers a promising landscape for low-cost hydrogen production. The study emphasizes the importance of collaboration between the UK and Australia to drive innovation and investment in the hydrogen sector. Despite challenges such as regulatory uncertainties and geographical isolation, UK firms are well-positioned to capitalize on the Australian market. Xodus underscores the need for UK companies to understand the regulatory landscape and strategically position themselves in this emerging market. The report also highlights the UK's advanced hydrogen industry, with the UK government recently allocating £2bn for green hydrogen projects. This initiative further underlines the potential for UK firms to play a leading role in the global hydrogen market.