Global LNG Hub
No Result
View All Result
  • Login
  • Premium Content
    • All
    • Asian LNG
    • Australian LNG
    • European LNG
    • FLNG
    • Global LNG
    • LNG Africa
    • LNG Bunkering
    • LNG Latin America
    • LNG North America
    • LNG Projects
    • LNG Trade and Pricing
    • Middle East LNG
    • Small Scale LNG
    • Others
  • Blog
  • Events
  • Industry Links
    • LNG Industry Association
    • LNG Market Advisors
    • Government Body
    • LNG Market Information
    • LNG Legal Advisors
    • LNG Research Institute
    • LNG Training & Education
  • Newsletter
  • Videos
  • Other Hubs
    • GLOBAL MARITIME HUB
    • EUROPEAN GAS HUB
    • THE COAL HUB
  • Subscribe
  • My account
  • Login
SUBSCRIBE
  • Premium Content
    • All
    • Asian LNG
    • Australian LNG
    • European LNG
    • FLNG
    • Global LNG
    • LNG Africa
    • LNG Bunkering
    • LNG Latin America
    • LNG North America
    • LNG Projects
    • LNG Trade and Pricing
    • Middle East LNG
    • Small Scale LNG
    • Others
  • Blog
  • Events
  • Industry Links
    • LNG Industry Association
    • LNG Market Advisors
    • Government Body
    • LNG Market Information
    • LNG Legal Advisors
    • LNG Research Institute
    • LNG Training & Education
  • Newsletter
  • Videos
  • Other Hubs
    • GLOBAL MARITIME HUB
    • EUROPEAN GAS HUB
    • THE COAL HUB
  • Subscribe
  • My account
  • Login
Global LNG Hub
Home Policy

Australia’s hydrogen strategy

Editor by Editor
1 year ago
min read2 min
Hydrogen strategy
Share on FacebookShare on TwitterShare on Linkedin

The Australian government released the National Hydrogen Strategy (the Strategy) in November 2019 and has continued to outline its support for hydrogen through the First Low-Emissions Technology Statement, released in September 2020.

RELATED POSTS

Calcasieu Pass LNG continues to ramp up

Calcasieu Pass LNG continues to ramp up

8 months ago
Germany’s wide ranging policy response to Russian invasion

Germany’s wide ranging policy response to Russian invasion

11 months ago
Hydrogen production

Rising up or still just hot air: the reality of developing a hydrogen economy

2 years ago

The government has stated its commitment to reducing Australia’s emissions through technology investment, rather than through carbon pricing, with the Technology Investment Roadmap a core element of its long-term emissions reduction strategy.

The government has taken a technology-neutral approach and the Strategy refers to ‘clean’ hydrogen, which includes both green and blue hydrogen.

The Strategy is export oriented. Building on Australia’s unique assets and its track record in energy exports, it aims to build large-scale supply chains to make Australia a leading exporter of hydrogen energy and technologies, and one of the top three exporters to the promising Asian markets by 2030.

While primarily focused on the export market, the Strategy looks to initially build a strong domestic hydrogen sector that will underpin Australia’s export capabilities. Hydrogen demand will be concentrated in large hydrogen hubs and will focus on four applications: its use in transport, as industrial feedstock, blended in gas networks and for electricity grid support/energy storage.

One of the government’s priorities and a key success factor for Australia’s hydrogen industry is to reduce the production cost of hydrogen below AUD2/kgH2 ­— US$1.4 (‘H2 under $2’).

From 2018 to May 2021, at least AUD1.5 billion (US$ 1.1 billion) have been awarded or committed to progressing clean hydrogen projects. Support is also provided to CCUS technologies and the creation of CCUS hubs, with the goal of reducing the cost of CO₂ compression, hub transport, and storage for CCS below AUD20/tCO₂ (US$14).

Australia is emerging as a key player in the global hydrogen supply chain, taking the lead, together with Europe, on renewable hydrogen developments around the globe.

As of July 2021, Australia has 88 pilot, demonstration and small-to-mega/giga scale hydrogen projects (both green and blue hydrogen) at different stages of development. Among them, nearly 30 projects are under construction or in the advanced planning stages (combined electrolysis capacity of 360 MW). This includes the first three commercial-scale (10 MW) electrolyser projects that received funding from the government in May 2021.

The hydrogen production and export businesses are evolving in parallel: 39 projects envisage exports, as the sole end use or, very often, in combination with domestic use. This includes seven giga-scale plants with a combined electrolysis capacity of 63 GW at full development. This represents almost a quarter of the 280-GW capacity of the largest projects proposed in the world. These giga-scale projects are at the earliest stages of development planning, as would be anticipated given the emergent stage of the industry.

There are a limited number of blue hydrogen projects (9 projects only). However, this may change with the recent adoption of funding dedicated to CCUS and the forthcoming legislation incentivising CCS. Among these projects, the Hydrogen Energy Supply Chain (HESC) started operation at pilot scale in March 2021. With first shipments of LH2 by the end of 2021, it will be the first time that LH2 is transported between two continents.

Australia has been working on building international supply chains in promising Asian importing markets since 2018. Since June 2021, the government has stepped up its efforts and has pursued wider international and technology-led cooperation and has signed (or deepened) partnerships with key partners: Japan, South Korea, Germany, Singapore and the United Kingdom.

These partnerships, backed by business interests and financial incentives, lay the foundations for a global, clean hydrogen market, and position Australia at the forefront of developing a huge hydrogen export industry.

Source: Sylvie Cornot-Gandolphe, CEDIGAZ, Australia’s hydrogen strategy, hydrogen strategy, hydrogen

Tags: Australia's hydrogen strategyCedigazhydrogenhydrogen strategySylvie CORNOT-GANDOLPHE
Editor

Editor

Related Posts

Calcasieu Pass LNG continues to ramp up
LNG Projects

Calcasieu Pass LNG continues to ramp up

8 months ago
Germany’s wide ranging policy response to Russian invasion
Policy

Germany’s wide ranging policy response to Russian invasion

11 months ago
Hydrogen production
Infrastructure

Rising up or still just hot air: the reality of developing a hydrogen economy

2 years ago

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

No Result
View All Result

Trending Posts

Asian LNG prices are now at a $3/MMBtu premium to European LNG prices

Asian LNG prices are now at a $3/MMBtu premium to European LNG prices

3 weeks ago
Monthly spot LNG prices for delivery to Japan for November 2022

Monthly spot LNG prices for delivery to Japan for November 2022

3 weeks ago
Freeport-LNG

Freeport LNG completes repairs

4 days ago
Load More

Recent Post

Spot LNG trade fell in 2022

Spot LNG trade fell in 2022

20 hours ago
Global gas price correlation remains strong

Global gas price correlation remains strong

22 hours ago
Henry hub prices slide below $3

Henry hub prices slide below $3

2 days ago
Mauritania/Senegal on track to begin LNG exports

Mauritania/Senegal on track to begin LNG exports

3 days ago
LNG-prices

Weekly trend of natural gas and LNG prices – January 23

3 days ago
Freeport-LNG

Freeport LNG completes repairs

4 days ago
Load More

Online platform for sharing analysis and information on Global and regional LNG markets. Weekly newsletter each Wednesday more info

Categories

  • Asian LNG
  • Australian LNG
  • European LNG
  • Global LNG
  • LNG Africa
  • LNG Bunkering
  • LNG Latin America
  • LNG North America
  • LNG Projects
  • LNG Trade and Pricing
  • Middle East LNG
  • Small Scale LNG
  • FLNG

Recent Posts

Spot LNG trade fell in 2022

Global gas price correlation remains strong

Henry hub prices slide below $3

Energise your Wednesday!

Sign up to receive our weekly newsletter with new LNG market reports, presentations & analysis. Every Wednesday!

By signing up, I agree to our TOS and Privacy Policy.

© 2020 GlobalLngHub | All Rights Reserved

No Result
View All Result
  • Premium Content
    • All
    • Asian LNG
    • Australian LNG
    • European LNG
    • FLNG
    • Global LNG
    • LNG Africa
    • LNG Bunkering
    • LNG Latin America
    • LNG North America
    • LNG Projects
    • LNG Trade and Pricing
    • Middle East LNG
    • Small Scale LNG
    • Others
  • Blog
  • Events
  • Industry Links
    • LNG Industry Association
    • LNG Market Advisors
    • Government Body
    • LNG Market Information
    • LNG Legal Advisors
    • LNG Research Institute
    • LNG Training & Education
  • Newsletter
  • Videos
  • Other Hubs
    • GLOBAL MARITIME HUB
    • EUROPEAN GAS HUB
    • THE COAL HUB
  • Subscribe
  • My account
  • Login

© 2020 GlobalLngHub | All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
Cookie settingsACCEPT
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Non-necessary
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
SAVE & ACCEPT

Energise Your Wednesday!

SIGN UP to receive our weekly newsletter with new LNG market reports, presentations & analysis. EVERY WEDNESDAY!

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?