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With abundant land and high-capacity factor renewable energy, Australia has the building blocks to produce globally-competitive clean hydrogen to service growing domestic and international markets. It is also an opportunity to create new future-focused jobs and invigorate regional Australia.
Japan and South Korea are already key markets for Australian energy exports and have signed hydrogen partnership agreements at government-to-government and private sector levels. Other energy-rich, export-oriented nations are racing to capture this opportunity, so there’s no time to waste.
Placing Australia at the forefront of the hydrogen export industry will need rapid action both from government and industry. These are exciting times, but new technologies also raise new questions, uncertainties and risks. Developers and investors are seeking confidence and certainty.
PwC Australia’s report Getting H2 right sets out four critical success factors for Australia’s hydrogen future.
Contact us
Guy Chandler
Partner, Energy, Utilities & Resources, PwC Australia
Tel: +61 439 345 045
Chief Economist and Partner, Energy Transition, PwC Australia
Tel: +61 438 021 277