H2 under $2

“We’re not talking about incremental improvement, this is a really giant leap,” Hysata CEO Paul Barrett told pv magazine Australia. Hysata is commercialising a breakthrough made at the University of Wollongong which effectively, Barrett says, invented a “brand new category of electrolyser” vastly improving efficiency. “This is a 20% gain. This is really a seminal moment for the hydrogen industry.”

If the three record-busting low solar price tariffs recorded in the Middle East in the past 18 months are to be believed, renewables-powered hydrogen in prime sites in the region could already compete with gas-plus-CCS production, according to IRENA. Has the Gulf discovered the new petrol?

In the race to develop hydrogen projects, pilots and potential, Victoria has stated its advantages and desired outcomes. The Australian Hydrogen Council commends the state’s just-published Renewable Hydrogen Development Plan as “comprehensive”.

Global Energy Ventures announced to the ASX yesterday its design for the H2 Ship, a compressed hydrogen ship capable of transporting 2,000 tonnes of hydrogen from green hydrogen hubs in northern Australia to trading partners such as Singapore, Korea, China, and Japan.

Researchers from the University of New South Wales have run the numbers, run them again, and then run them a third time to make triply sure. Australia’s solar resources and the rapidly falling costs of solar-powered hydrogen production mean that the future hydrogen economy is green whether the Morrison Government likes it or not.

The faucet of federal funding for the future hydrogen economy keeps on flowing today as Minister for Education Dan Tehan announced $4.9m in funding for the development of the ARC Training Centre for the Global Hydrogen Economy. The announcement comes on the back of the establishment of the UNSW’s Hydrogen Energy Research Centre, a university-to-industry institute.

Modelling from a new report backed by ARENA has found that on-site solar electrolysis is not only the most cost-effective way of reaching Australia’s ambitions of both a domestic and export hydrogen economy, but perhaps the only way.

To achieve the goal of ‘H2 under $2’, ARENA has opened the $70 million Renewable Hydrogen Deployment Funding Round for expression of interest from large scale renewable hydrogen projects.