Australia and Germany have joined forces to fund a feasibility study into the production, storage, transport and use of hydrogen from renewable energy.
The two-year initiative is expected to begin by the end of the year and will look to identify the economic and technological requirements for the transport of hydrogen produced from renewables as well as the determination of demand and end use for green hydrogen by German industry.
Australia’s energy minister Angus Taylor believes the collaboration will help drive down the cost of new hydrogen technologies. “Australia has the natural competitive advantage to be a world leader in exporting hydrogen,” he said.
