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Hydrogen Systems Australia says its ‘disruptive’ hydrogen technology can slash the cost of production by 2024

Hydrogen Systems Australia says its ‘disruptive’ hydrogen technology can slash the cost of production by 2024

Australia’s national science agency CSIRO launched a new A$68m ($51.4m) mission in May to drive the cost of hydrogen production under A$2/kg ($1.5) by 2030 – and a Melbourne-based start-up believes it is right on the cusp of achieving this six years early with its new “disruptive” electrolyser technology.

Comprising top operators in the hydrogen space since 2008, Hydrogen Systems Australia (HSA) was established in 2020. When Australia was plunged into a lockdown to help curb the spread of Covid-19, HSA’s team of experts came together, reviewed the market and set out very defined goals of targeting the small-to-medium scale projects rather than focusing on cracking the large-scale like everybody else.

But it’s HSA’s R&D play Project Shield which has the company placed well down the track to lead the whole green hydrogen surge with new technologies aimed to meet the A$2 ($1.5)/kg sooner than the rest.

Brian Power, Executive Director, told H2 View it’s “serious ground-breaking technology” with equipment in design and completed demonstrators “expected by Christmas”.

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