Three new green hydrogen plants have been approved in regional Australia and will share in more than $100 million worth of conditional Federal Government funding.
Australian peak body, the Smart Energy Council, has this morning revealed the details of the initial global and domestic partners for its hydrogen Zero Carbon Certification Scheme.
PV and wind could meet global energy demand 100 times over... Australia, in particular, is uniquely positioned to capitalise on the transition as one of the few developed countries with vast renewables potential and a low population.
Australia's federal government has pledged a further $$275.5 million to develop regional hydrogen hubs and $263.7 million for carbon capture and storage technology in a pre-budget announcement ahead of the climate summit on Thursday.
The joint feasibility study between Australia and Germany, HySupply, to determine the viability of a renewable energy-based hydrogen supply chain between the two countries, has progressed.
A Memorandum of Understanding (MoU) has been signed between the South Australian Government and the Port of Rotterdam Authority to undertake a feasibility study exporting green hydrogen made in South Australia to Rotterdam, Europe's largest port.
Germany leads the world on renewable recovery spending, at about 1.18 per cent of gross domestic product... Australia's total of $7.4 billion is about 0.38 per cent of GDP.
Iron ore giant Fortescue Metals Group has brought forward its net zero emissions target a decade to 2030 by advancing a raft of green hydrogen and ammonia projects.
The NSW government will spend $70 million to support the development of a new hydrogen hub in the Hunter, as the government braces for an accelerating exit of the state's coal generators, many of which are clustered within the region.
The most advanced attempt to export zero-emissions hydrogen from Australia to Asia has begun production in Victoria's Latrobe Valley, boosting hopes that some jobs lost from the closure of coal-fired power plants may be recovered in the transition
Less than two decades ago, South Australia generated all its electricity from fossil fuels. Last year, renewables provided a whopping 60% of the state's electricity supply.
