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The down low on hydrogen policy and regulation in Australia

机译:The down low on hydrogen policy and regulation in Australia

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摘要

Hydrogen has been hailed as the fuel of the future. From powering energy intensive industries, such as steelmaking, transport and shipping, to grid electricity, and heating our homes and water, hydrogen is expected to amount to 18 of all global energy consumption by 2050. The development of a domestic hydrogen industry is a key pillar in Australia's plan to reach net zero by 2050. Given its favourable conditions for large scale renewable projects, proximity to major consumer markets in Asia and sophisticated gas export infrastructure, Australia is regarded as a potential major global producer and exporter of hydrogen. However, to attract both domestic and international investment in this emerging industry, Australia requires clear policy and legal frameworks to support hydrogen projects. This article explores the current policy and regulatory landscapes governing the hydrogen industry in Australia and discusses where further legislative reform is needed.

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