A new report by CSIRO projects that Australia's hydrogen electrolyser manufacturing sector has the potential to generate $1.7 billion in revenue and create nearly 4000 jobs by 2050, positioning the country as a significant player in the global transition to renewable hydrogen production. The report highlights Australia's strong starting position, with local manufacturers translating innovations from the research sector and a growing pipeline of projects focused on renewable hydrogen production. Vivek Srinivasan, CSIRO Futures Energy Lead, stresses the importance of seizing the opportunity quickly to build an industry that adds long-term value to the economy and enhances energy security. The report recommends a coordinated approach involving research, industry, and government to maximize the benefits of Australia's HEM sector. Key strategies include aligning with clean energy manufacturing opportunities, fostering sovereign capabilities, and promoting strategic manufacturing hubs. Additionally, the report identifies growth potential in electrolyser installation services, projecting an additional $1.2 billion in revenue and 1000 jobs by 2050. Dr. Patrick Hartley from CSIRO's Hydrogen Industry Mission sees an opportunity for Australia to capture a share of the global electrolyser market by leveraging the country's natural and technical advantages to develop a competitive supply chain. The report encourages further exploration of Australia's electrolyser opportunities and clean technology manufacturing prospects.