The Western Australian Government has invited Expressions of Interest from around the world into its potentially 1.5 GW wind and solar hydrogen hub at Okajee Strategic Industrial Area. WA’s Mid-West region has some of the world’s best solar and wind resources which could feed the development of WA’s green hydrogen economy.
The Australian Government has finally announced new long term funding and an expanded remit for the Australian Renewable Energy Agency (ARENA) beyond 2022. The funding package, which looks more like a cut than anything else, pushes investment away from solar and wind and toward fossil fuel enabling technologies like carbon capture and storage.
Australia and Germany have brought their national hydrogen strategies together after signing a new agreement for a joint feasibility study into green hydrogen production and trade. The agreement was welcomed around the country as auspicious of Australia’s potential as a global green hydrogen superpower.
The first of three large-scale green hydrogen plants in the pipeline of the Green Hydrogen Australia Group has been given the green light. The Bundaberg Hydrogen Hub, featuring an 80 MW hydrogen electrolyser, will produce clean hydrogen for Australian hydrogen vehicle developer H2X.
At the University of Newcastle hydrogen production starts with water extracted from the atmosphere and electrolysis powered by free energy from the sun; sucking CO2 from the air is the next step to filling Angus Taylor’s beloved gas infrastructure with green methane that can bring spuds to the boil and power the economy while helping to flatten the nation’s emissions curve.
The move by Standards Australia has set the stage for Australia to play an important role in the growing hydrogen economy. Eight international standards for hydrogen were adopted in the process. The time is now, argues the Australian Hydrogen Council Fiona Simon, for these standards to be adopted into regulations to enable a new hydrogen export industry.
Western Australia’s Recovery Plan continues to grow greenery as more renewable aspects of the state’s stimulus package come to light, specifically solar light that is. The state government has committed $22 million toward nine green hydrogen initiatives across the state, while also bringing forward its Renewable Hydrogen Strategy targets a decade and topping up the green hydrogen fund.
Gas utility Jemena has committed to produce and deliver hydrogen gas to Hyundai’s Macquarie Park headquarters from early 2021.
The Australian government’s green bank intends to move beyond solar and wind investment over the coming year and put its capital to work in the nascent green hydrogen industry and grid projects.
IHS Markit’s latest report looks at a wave of new investments in large-scale projects. Economies of scale and technological improvements, as well as renewables deployment, could make green hydrogen price-competitive with grey and blue hydrogen.
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