According to Fitch, Australia has a robust electrolyzer pipeline of roughly 29,000MW at the moment. “We expect the pace of hydrogen research to continue, given that demonstrations to export hydrogen, conducted in conjunction with Japan, have made significant progress and demonstrated commercial feasibility,” the statement stated.
Winter estimates that the first stage of the Geelong hydrogen hub will be operational in December 2023, subject regulatory clearances.
The globe is rapidly pivoting towards new, non-fossil-fuel dependant energy sources in the aftermath of the IPCC Assessment Report 6 and the COP26 global climate summit.
Six major automakers, including General Motors and Mercedes-Benz, promised to abolish the use of fossil fuels in automobiles by 2040 during the UN climate meeting, COP 26.
As part of the Australian Government’s expanded $464 million regional program, the Tasmanian Liberal Government is moving forward with its…
Sarawak’s long-term environmental agenda, according to Chief Minister Tan Sri Abang Johari Openg, is to cut carbon emissions and combat climate change.
The German and Australian governments have decided to fund the HyGate hydrogen project jointly.
The NSW Hydrogen Strategy aims to help the southeastern Australian state capitalize on hydrogen exports and grow its economy by around AUD 600 million per year. Meanwhile, the state plans to reduce its carbon impact by half by 2030.
Green hydrogen is produced using renewable energy, whereas blue hydrogen is produced using carbon capture and storage (CCS) technology and is produced from natural gas.
The prototype hydrogen power plant will be developed in the Hyosung Chemical Yongyeon Plant in Ulsan, South Korea, and will establish a precedent by becoming the region’s first 100% hydrogen power plant.
