Australia's national science agency, CSIRO, has released a report projecting a bright future for the country in the green hydrogen industry. The report outlines the potential for Australia to create a robust industry around green hydrogen electrolysers, with an estimated value of $2.9 billion. While the global electrolyser market faces challenges, including overcapacity, CSIRO remains optimistic about Australia's prospects. The agency believes that with strong support for local procurement, the country could see significant revenue from electrolyser production and related services. By 2050, revenue from locally made electrolysers could reach $1.7 billion, with an additional $1.1 billion from assembly and installation sectors. This forecast comes amidst a competitive global landscape, where countries like China and India are heavily investing in the hydrogen industry. Despite the intense competition, the report suggests that Australia's focus on green hydrogen and the nascent stage of its electrolyser industry present an opportunity for the country to establish a successful electrolyser supply chain. While challenges exist, the report paints a positive picture of Australia's potential to thrive in the green hydrogen sector.