Australia is taking significant steps towards achieving net zero emissions by 2050. According to the national science agency’s report, a substantial boost in green hydrogen production is vital.
Green hydrogen is created through the process of water electrolysis powered by renewable energy sources, offering a pathway to decarbonize industries where electrification is challenging.
The report presents two future scenarios. The first scenario aims for Australia to reach net zero by 2050, keeping the global temperature rise within 2°C. The second scenario pushes for net zero by 2040, limiting the temperature rise to 1.5°C. In both cases, green hydrogen emerges as a dominant element, expected to account for 89% to 94% of hydrogen production by 2050.
Green hydrogen plays a crucial role due to its ability to reduce emissions in sectors that cannot easily switch to electricity. It holds promise for industries like steel, heavy transport, and chemical manufacturing, which are currently reliant on fossil fuels.
Australia’s commitment to expanding its green hydrogen capacity is pivotal not just for meeting its own emissions targets but also for setting an example in the global effort against climate change. The country’s geographical advantage with abundant solar and wind resources positions it as a potential leader in the green hydrogen market.
