The HESC Project Partners welcome the approval of Australia’s National Hydrogen Strategy by Council of Australian Governments (COAG) Energy Council Ministers.
Hydrogen is gaining momentum world-wide as one of the clean energy sources of the future.
The approval of the strategy by COAG Ministers highlights the bipartisan support for hydrogen and acknowledges the domestic and international opportunities it presents to Australia.
Government and industry have clearly stated that Australia could be a world leader in hydrogen given its abundant energy resources and proximity to emerging hydrogen import markets in North Asia.
The strategy represents a key milestone in this journey and we are hopeful that it will provide a conducive policy setting for our world-first end-to-end hydrogen energy supply chain pilot – HESC.
HESC is a significant collaboration between Australia and Japan, and a fundamental component of a new, clean hydrogen export industry.
The strategy’s reference to the HESC Project as a key catalyst to kick-start a commercially viable Australian hydrogen industry in the near term is encouraging.
At a commercial scale, incorporating carbon capture and storage in the production of hydrogen from brown coal would support government and industry’s efforts to responsibly transition to a secure, economically viable, low carbon energy future.
It would be a game changer for business and industry and the broader economy, generating significant jobs and export revenue.
We look forward to continuing to collaborate with the Japanese, Victorian and Australian Governments to support the rollout of the Strategy through the successful implementation of the HESC Project.