Recent analysis from Wood Mackenzie predicts green hydrogen, produced primarily by solar electrolysis, will reach cost parity in Australia, Germany and Japan by 2030.
A result of a collaboration between global accounting and financial services firm KPMG, Canadian gas giant ATCO, Australia’s national science agency CSIRO and Australian Renewable Energy Agency (ARENA), H2City can be used to assess the costs and benefits of regional town or municipality switching to hydrogen.
Four years ago in December 2015, every member of the United Nations met in Paris and agreed to hold global temperature increases to 2°C, and as close as possible to 1.5°C. The bad news is that four years on the best that we can hope for is holding global increases to around 1.75°C. We can only do that if the world moves decisively towards zero net emissions by the middle of the century.
As the momentum is building behind hydrogen in Australia and abroad, the Queensland University of Technology (QUT) is leading the way in research and development with a range of initiatives on the ground.
A massive green hydrogen production project has been unveiled for Western Australia with Siemens on board as technology partner. The project location is touted as Australia’s best for combined solar and wind generation potential.
Researchers at Monash University have managed to find a way past one of the few remaining roadblocks to producing industrial quantities of hydrogen gas through electrolysis via solar energy.
The Australian Manufacturing Workers’ Union is recommending an overhaul of policies to promote manufacturing in regional Australia along with a major push to create new jobs in a range of industries, including lithium batteries, green hydrogen and renewables.
As part of a broader push to develop a domestic hydrogen industry, the Australian Renewable Energy Agency (ARENA) is providing $2.9 million for two studies into using solar and wind-powered hydrogen for ammonia. Both project are located in Queensland and presently use natural gas as feedstock.
Australia’s chief scientist Dr Alan Finkel continues to voice his support for some modicum of Carbon Capture and Storage (CCS) in Australia’s hydrogen future, providing a lifeline to fossil fuel producers. While Finkel’s argument holds some water, it holds nowhere near enough water to produce a hydrogen economy.
Australia’s chief scientist Dr. Alan Finkel continues to push Australia toward a strong hydrogen economy produced by solar and wind through electrolysis. However, Finkel remains attached to the idea that toxically unpopular carbon capture and storage methods, a lifeline for fossil fuel producers, should also play a part.
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