Hydrogen Ireland have welcomed news from the recent G7 Summit with Australia signing new partnerships with both Germany and Japan to support hydrogen initiatives.
Australia’s new accord with Germany will see the two nations invest in a new series of initiatives that will help drive and accelerate the development of a hydrogen industry as well as keep the 1.5°C temperature goal within reach.
As well as this, Australia and Japan have announced the commitment to jointly support initiatives that will help drive transitions to net zero emissions with a focus on clean technology such as hydrogen.
The Australia-Germany hydrogen accord, signed in Cornwall, will include three major initiatives to accelerate hydrogen development.
One factor will be to establish the German-Australia Hydrogen Innovation and Technology Incubator (HyGATE) to support real-world pilot, trial, demonstration and research projects along the hydrogen supply chain.
This will see both countries commit up to A$50m ($38.5m) to establish HyGATE and keep the 1.5°C temperature goal within reach.
As well as this, facilitating industry-to-industry cooperation on demonstration projects in Australian hydrogen hubs is another significant initiative for the accord.
The last major initiative will be exploring options to facilitate the trade of hydrogen and its derivatives produced from renewables (such as ammonia) from Australia to Germany.
This will include Germany’s H2Global Initiative which supports long-term supply agreements with German industry.
Scott Morrison, Prime Minister for Australia, said, “Our partnership with Germany will accelerate the development of an Australian hydrogen industry and create new jobs.
“Our ambition is to produce the cheapest clean hydrogen in the world, which will transform transport, mining, resources and manufacturing at home and overseas.
“Developing new low emissions industries means more jobs for Australian workers, and cheaper energy means lower costs for businesses so they can reinvest in hiring more people.”
Australia-Japanese partnership
The partnership between Australia and Japan will focus on supporting new clean technology initiatives that assists the transition to net zero emissions in the Indo-Pacific region.
It is believed that this joint commitment will be displayed by supporting regional partners in its pragmatic and clean energy transitions helping to increase the utilisation of low and zero emission technologies.
This will see a focus on lower emissions LNG production, transport and use, clean fuel ammonia, clean hydrogen and derivatives produced from renewable energy or from fossil fuels with substantial carbon capture, utilisation and storage, carbon capture utilisation and storage, carbon recycling and the production of low emission steel and iron ore.
Both Australia and Japan will provide financial support to advance these initiatives that contribute to the development and deployment of low and zero emission technology.
Because of this, an increase in hydrogen related technologies across the region could be observed in conjunction with Australia’s ambitions of becoming a major hydrogen exporter set to support Indo-Pacific nations.
