Australia had the potential to be a significant hydrogen provider in future, the MineralsCouncil said energy GreenEnergy resources CriticalMinerals
PERTH – A new report by the Minerals Council of Australia has found that Australia had the potential to be a significant provider of clean hydrogen, and could potentially be a leader in clean ammonia.
Constable said that clean hydrogen played a significant role in most scenarios under which the globe decarbonised by 2050, with the International Energy Agency suggesting clean hydrogen production would need to double by 2030 and increase six-fold by 2050 to meet this target. This is an increase from current annual production levels of around 90-million tonnes to more than 530-million tonnes.
“Australia can be a low-cost source of clean hydrogen and ammonia. Ammonia in particular offers real prospects for decarbonising global shipping fleets, fertiliser production and electricity generation. This will require development of new pipeline and storage infrastructure including at ports,” Constable said on Monday.
The report also noted that strong support for innovation would be essential over the next decade, especially for demonstration projects. It added that international certification, standardisation and regulation would be basic to ensuring low-carbon hydrogen reaches its full potential. This will be fundamental to developing a global hydrogen market that avoids transfer of carbon emissions from one country to another.
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