Browsing: Australia

Green Hydrogen H2 News

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.

Green Hydrogen H2 News

Prime Minister Scott Morrison said the beefed up Future Fuels Fund provides “an Australian way” to lower transport emissions, reiterating a slogan he introduced recently to describe the country’s middle ground on climate change policy.

Green Hydrogen H2 News

The Canberra-Seoul cooperation is the result of a series of projects between Australian and South Korean companies, with the primary goal of producing hydrogen in Australia and exporting it to South Korea.

Green Hydrogen H2 News

Green hydrogen, which is produced from water by electrolysis, is an energy-intensive but carbon-free process if driven by renewable electricity. GH2’s objective is to ensure that by 2050, a quarter of the world’s energy originates from green hydrogen.

Green Hydrogen H2 News

To cut costs, the government has already committed more than $300 million to four hydrogen hubs that will bring together producers, consumers, and exporters in one area.