Australia’s clean hydrogen potential
A global transformation of the energy sector is underway. To support a future where all our energy comes from clean sources, the world needs clean, flexible, storable and safe fuels. Hydrogen has all of these characteristics. When used as a fuel, it produces no carbon emissions, only water. It can be safely used in a broad range of applications.
Australia is well-placed to make hydrogen its next big export. We have all the natural resources needed to produce it, a track record in building large-scale energy industries and a reputation as a proven partner to Asia’s biggest energy importers.
An Australian hydrogen industry could generate thousands of jobs, many of them in regional areas. It could add billions of dollars to GDP over coming decades. Managed well, it could help us to reliably integrate extensive renewable generation into the electricity grid. Using hydrogen, we can reduce dependence on imported fuels. And we can reduce carbon emissions, in Australia and around the world.
The National Hydrogen Strategy aims to lay the foundation for Australia to capture the hydrogen opportunity and become a leading player in a growing global market.