green hydrogen

Australia’s determination to establish itself as a major player in the green hydrogen market has seen a flood of government funding and announced projects in recent months but new analysis from international consultancy firm Rystad Energy has highlighted a potential hurdle for the industry.

Global Energy Ventures, the firm currently working on a 2,000t hydrogen cargo ship, has announced the commencement of construction on a 430t pilot-scale version to service the emerging market for economies wanting begin blending small amounts of green hydrogen into existing gas networks by mid-2020s.

Commodity trader Trafigura and Oslo-based ammonia leader Yara International ASA have signed a Memorandum of Understanding that will see supply of clean ammonia as well as joint R&D projects as the two companies look to promote clean ammonia as a shipping fuel and develop its value chain and infrastructure.

It’s one thing to set a target for net zero, another to chart a course that will get you there in competitive form. Services are emerging to bridge the gap.

The Smart Energy Council’s Zero Carbon Certification Scheme continues to gain traction with ammonia producer Yara the latest to sign on as a founding partner as it seeks to guarantee the green credentials of its products for customers both here and overseas.

A new study commissioned by the Clean Energy Finance Corporation has indicated renewable hydrogen is already approaching cost competitiveness with that produced using fossil fuels but some in the industry have declared the government-owned green bank’s figures are much too conservative.

Queensland is pushing ahead with its ambitions to become a major player in the evolving global hydrogen sector with the addition of both Gladstone and Toowoomba to the National Energy Resources Australia network of hydrogen technology clusters.

South Australia’s transition to a renewable energy future has taken another step forward with Australian Gas Network’s Hydrogen Park South Australia production facility now online, delivering green hydrogen into its gas distribution network in Adelaide.

Thinking backwards from demand for green hydrogen, the Smart Energy Council identified that investors and customers will have to be able to trust the integrity of the product. Its world-first verification scheme, launched in late 2020 is gaining international traction.

The University of New South Wales’s Kondo-Francois Aguey-Zinsou, who heads the Hydrogen Energy Research Centre, has launched H2Potential, a hydrogen advisory firm that seeks to incubate and accelerate some of the world’s most promising hydrogen companies as well as advising prominent companies and industry how to join the hydrogen revolution.