HYDROGEN SUPERPOWER

19th May 2023

HYDROGEN SUPERPOWER

HYDROGEN SUPERPOWER: Australia is allocating $1.4-billion to support renewable hydrogen projects. The funding, Bloomberg reports, will provide revenue support to private developers, with the aim of having two or three hydrogen projects up and running by 2030. As with South Africa, Australia has the land, as well as the wind and solar resources that are so key to producing green hydrogen. And as is also the case with South Africa, the country faces stiff competition in the race to position itself as a hydrogen superpower. Photograph: Bloomberg