So how is the Government helping to make it happen?

Question01.png

Hydrogen is one of five priority low-emission technologies that have been identified under the Australian Government’s Technology Investment Roadmap.

As a collective, our governments have so far pumped more than AUD 1 billion into establishing a clean hydrogen industry in Australia.

Question02.png
Expert_Ques.png

"The idea that the Federal and state governments aren’t doing enough to plan for energy transition and promote the hydrogen economy, is very much a misconception. 

 

In fact, compared to other countries with abundant renewable resources, Australia has robust and coordinated hydrogen initiatives and investments. 

Hydrogen is one of five priority low-emission technologies that have been identified under the Australian Government’s Technology Investment Roadmap. These technologies are anticipated to lead to widespread job creation and economic benefits.

 

A recent Deloitte report predicted the hydrogen economy could increase Australia’s GDP by between $11 billion and $26 billion by 2050 and create between 7600 and 16,900 jobs. 

 

Of course, there would also be a lot of indirect jobs created, so estimating the net benefit to the wider economy is a little difficult. In NSW, for example, the hydrogen economy is expected to generate 10,000 jobs. 

 

Through this Technology Investment Roadmap, the Federal Government has set economic stretch goals for priority technologies and is investing in achieving them. For hydrogen, its goal is to achieve production at under two Australian dollars per kilogram (or ‘H2 under 2’), the point where hydrogen starts to become competitive with conventional fuels."

We asked Dr Rahman Daiyan, a Power-to-X researcher and Chief Investigator at Glob2HE, NSW Power-to-X and the HySupply Project.

Are our Governments doing enough?

StateSpending.png

"To drive reductions in the cost of producing hydrogen, the Federal Government has so far invested A$314 million to develop up to five clean hydrogen hubs in regional Australia, as well as support further hub design and work studies.

These hubs are designed to bring different hydrogen producers and end-users together so the services and benefits can be maximised. Effectively, these will help industry to scale up and drive down the cost of production."

The 7 priority hub locations include:

  • Bell Bay, TS

  • Darwin, NT

  • Eyre Peninsular, SA

  • Gladstone, QLD

  • Latrobe Valley, VIC

  • Hunter Valley, NSW

  • Pilbara, WA

"The state governments are also playing their part."

Federal:

  • National hydrogen roadmap and strategy

  • $1.9 billion to five priority low-emissions technologies, including hydrogen

  • Seed funding to develop 13 hydrogen clusters

  • $314 million to develop regional hydrogen hubs and conduct 10 feasibility studies

  • $50 million to German-Australian hydrogen innovation and technology incubator

  • $24.9 million to enable hydrogen capable gas power generators

 

NT: 

  • State has developed its hydrogen strategy to become a global hub for hydrogen research, production and technology manufacturing

  • Government is supporting a project to generate hydrogen using water from the air and grid-supplied electricity

 

WA: 

  • Long-term goal to develop a hydrogen industry has been established

  • $5 Million for hydrogen project feasibility studies

  • $22 Million for a 1.5 GW renewable energy and hydrogen hub

QLD:

  • $19 million committed to supporting the emerging hydrogen economy

  • Government has backed the development of a hydrogen hub in Townsville

 

NSW:

  • Hydrogen is expected to be a key growth driver

  • $2 billion committed to low emission technology, including hydrogen

  • Hydrogen strategy under development

  • $70 million committed to Hunter and Illawarra hydrogen hub

 

Vic:

  • $10 million committed to a Victorian hydrogen hub

  • $50 million funding for the world’s first hydrogen supply pilot

 

Tas:

  • $50 million to develop a green hydrogen economy, start hydrogen export by 2025 and become a global export hub by 2030