Australia, a significant natural gas exporter, is shifting its focus towards green hydrogen production to reduce emissions in industries like steelmaking. The country aims to kick-start the production of green hydrogen through government incentives totaling A$8 billion, which are expected to attract A$50 billion in private investments. By 2030, Australia plans to produce 500,000 tons of hydrogen annually, with at least 200,000 tons earmarked for export. Leveraging its vast open spaces for renewable energy projects, Australia seeks to utilize solar farms and wind turbines to power electrolyzers for hydrogen production. Although Australia aims to become a global leader in green hydrogen, projections suggest that the US, Europe, and China may dominate 80% of the supply by 2030. Energy Minister Chris Bowen emphasizes the vital role of hydrogen in enabling net-zero pathways for challenging industries, complementing electrification efforts. The updated National Hydrogen Strategy focuses on cost competitiveness, identifying demand sectors, and forming partnerships for mutual investments. Through collaboration with Germany, Australia anticipates A$660 million in shared investment for hydrogen projects, bolstering its position in the green hydrogen market.