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20 May 2021updated 05 Nov 2021 9:32am

Clean hydrogen development in Australia – report

A report from HyResource in Australia reveals a stream of clean hydrogen policy initiatives and projects since the last update in December 2020.

By Energy Monitor Staff

The clean hydrogen industry is enjoying considerable momentum in Australia, with an estimated $1.16bn (AUD$1.5bn) channelled towards progressing clean hydrogen projects since 2018, according to an updated report from HyResource, a knowledge platform supporting the development of Australia’s hydrogen industry.

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A hydrogen fuel cell bus in Perth, Australia, in March 2005. (Photo by Paul Kane/Getty Images)

The investment has largely come from the national government, which contributed a total of $920m. Another $325m came from local governments across six Australian states, and industry or research bodies contributed $245m.

The authors note $263.7m in the national government’s 2021/22 budget for the development of carbon capture and storage projects, to make ‘blue’ hydrogen from natural gas. Beyond this, the report centres on ‘green’ hydrogen production from renewable energy-powered electrolysis (apart from one coal gasification and one biomethane project).

According to HyResource, there are 61 clean hydrogen projects operating across the country. Regionally, Western Australia leads the way with 19 projects, followed by Queensland and Victoria with 18 and 6, respectively.

There are 23 projects in the ‘operating and under construction’ phase or in ‘advanced development’. The end-use applications these projects target are hydrogen in gas networks (for heating), in transport and in (micro-grid) power generation.

Around 40% of all projects include hydrogen in transport as a potential end use, including for passenger vehicles, heavy transport and commercial vehicles.

Free Whitepaper
img

What's the outlook for low carbon hydrogen?

The development of the hydrogen economy will support the fulfilment of decarbonization objectives, particularly for those sectors that are difficult to electrify, such as heavy industry, long-distance trucking, shipping, and aviation. GlobalData's Hydrogen Service tracks investment in the hydrogen sector, and provides you with:
  • A complete dataset of the low-carbon hydrogen projects across the globe.
  • Latest news across the hydrogen value chain.
  • Quarterly market analysis, with details of new projects, company activity and financial deals.
For more information, and to download sample pages from our quarterly market analysis, including a summary of the active and upcoming low-carbon hydrogen capacity by region, please enter your details.
by GlobalData
Enter your details here to receive your free Whitepaper.

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