What’s happened to Australia’s green hydrogen dream? Here are 5 reasons the industry has floundered

What’s happened to Australia’s green hydrogen dream? Here are 5 reasons the industry has floundered

An official from German energy supplier Eon with Fortescue founder Andrew Forrest after inking a deal in 2022 to supply green hydrogen from Australia to Germany. Michael Kappeler/picture alliance via Getty ImagesAs the world looks for ways to tackle climate change, Australia has invested heavily in green hydrogen. Green hydrogen is shaping as the best option to strip carbon emissions from some industrial processes, such as iron-making and ammoni…

What’s happened to Australia’s green hydrogen dream?

By Alison Reeve, Program Director, Energy and Climate Change, Grattan Institute As the world looks for ways to tackle climate change, Australia has invested heavily in green hydrogen. Green hydrogen is shaping as the best option to strip carbon emissions from some industrial processes, such as iron-making and ammonia production. But making the dream a reality in Australia is proving difficult. Two recent announcements are a case in point. This m…

Australia’s green hydrogen dream falters: 5 key reasons

As the world looks for ways to tackle climate change, Australia has invested heavily in green hydrogen, which is shaping as the best option to strip carbon emissions from some industrial processes, such as iron-making and ammonia production. But making the dream a reality in Australia is proving difficult.Two recent announcements are a case in point. This month, the Queensland government withdrew financial support for the Central Queensland Hydr…