A new report from national science agency CSIRO has identified critical research steps Australia must make in order to achieve its full hydrogen potential.
The report found investing in research could solve industry challenges to create five key national opportunities: hydrogen exports, integration of hydrogen into gas networks; transport; electricity systems; and industrial processes.
Australia’s current hydrogen research footprint includes 23 institutions actively exploring hydrogen in various technology and research areas, as well as another 23 hydrogen-specific demonstration projects and research facilities around Australia.
Dr Patrick Hartley, CSIRO Research Director, said the national science agency was on a mission to bring together industry, government and other research organisations to fast-track emerging hydrogen technologies.
“This isn’t limited to the domestic industry development – we’ll link Australian expertise with international projects,” said Dr. Hartley.
“The overall focus will be on enabling Australia’s domestic and export hydrogen industries.”
“Importantly, solving the challenges identified can have a multiplier effect that boosts demands for hydrogen – particularly in large industrial settings – and encourages further hydrogen supply cost reductions through improvements in efficiency and economies of scale.”
According to CSIRO, Australia has the potential to create 7600 jobs and $11bn a year by 2050 from the hydrogen industry.