Australian hydrogen companies and project owners are gearing up to travel to Rotterdam for the Global Hydrogen Summit (9-11 May), Europe’s premier hydrogen conference.
Rotterdam will be the first major opportunity to engage with Europe in over two years, and Austrade is proud to partner with the Australian Hydrogen Council.
According to analysis by Deloitte, Australia’s hydrogen economy could be worth up to $26 billion by 2050, opening the door to new flows of foreign direct investment, increasing innovation in the sector and contributing significantly to the reduction of greenhouse gases.
Australian Hydrogen Council CEO Dr Fiona Simon said the Australian contingent represents many companies at the forefront of the hydrogen sector. This is an important conference in terms of exchanging knowledge, but more importantly creating business opportunities and collaborations that connect and boost international supply chains.
“Hydrogen offers Australia an opportunity for economic growth, a means to evolve our resource and mining sectors and provide long-term economic security. “Australia is not just about doing its best in Rotterdam, to demonstrate its global leadership in a rapidly changing space. It is also about setting the stage to create a viable future export market for hydrogen. and its derivatives,” said Dr. Simon.
Netherlands Trade and Investment Commissioner Annika Barton said Australia is competitively placed to be a major global player in the production and export of green hydrogen and already highly regarded as a prime candidate for global supply chain partnerships.
“With decades of energy exporting experience and an ideal geography, Australia is leading the way for the expansion of the global hydrogen economy. There is a strong commercial appetite to shape this energy transition within the industry,” Ms Barton said.
“European partners have a lot to offer with key production technologies and supporting the utility scale of hydrogen projects. Australia not only produces innovative hydrogen storage and transport technologies, but also sees Europe as a key customer for green hydrogen extraction over the next decade.
Companies such as Woodside, CWP and Origin Energy, among others, are leading the way by investing in hydrogen technologies and initiatives to help reduce emissions for their customers and supply chains.
“With Australia well positioned to be a major supplier of green hydrogen and global demand continuing to rise, connecting with future global markets will lay the foundation for a prosperous and sustainable energy future. hydrogen,” Ms. Barton said.