First Mover Moment - Making the Most of Australia’s Hydrogen Opportunity

6 Summary of Recommendations Recommendation 1: The Australian Government should prioritise the expeditious scaling of hydrogen production this decade, irrespective of type, in order to maximise the opportunity for a clean hydrogen export economy to succeed in the 2030s and beyond. [...] 35 16 While electricity generation is not likely to be a major source of hydrogen demand in the long- run in Australia, hydrogen does have the potential to play a role in the development, scaling and integration of storage, which is one of the central challenges involved with the transition away from fossil fuels. [...] Policy at the federal level The Australian Government has earmarked the hydrogen industry and the use of CCS as ‘critical to Australia’s technology led approach to reducing emissions’.46 Australia’s National Hydrogen Strategy was published in 2019, and seeks to ‘take advantage of increasing global momentum for clean hydrogen and make it our next energy export’.47 The path to achieving this in the. [...] Hydrogen production forecasts expect green hydrogen to be competitive with blue hydrogen around 2030’.53 Victoria published its Renewable Hydrogen Industry Development Plan in 2021, with a particular focus on developing the skills and training necessary to underpin a hydrogen industry.54 The use of hydrogen in the gas network is identified as a key application of hydrogen given the state’s extensi. [...] The use of hydrogen in the form of fuel cells, synthetic fuels, or ammonia, although only nascent technologies, has greater potential to de- carbonise the long-haul freight task carried out by shipping and aviation, and will be key to decarbonising this sector.83 5.4: Mixing with Gas and Heating Hydrogen enrichment is one of the applications of hydrogen which is most ready to adopt, and has featur.