The Australian and German governments have announced a new green hydrogen alliance between the two nations to assess and further development hydrogen supply chains, Kallanish Energy reports.
The accord, announced on Friday, is between the Australian Foreign Affairs and Trade and Industry, Science, Energy and Resources of Australia and the Federal Ministry of Education and Research of the Federal Republic of Germany.
The agreement comprises a joint feasibility study into the potential for closer collaboration and the future development of a hydrogen supply chain between the two countries.
The study will assess current hydrogen technology capabilities and research readiness across the supply chain, and the Australian potential to produce hydrogen and hydrogen-based energy carriers from renewables for export to Germany and associated markets.
It will also identify economic, technological and regulatory requirements for the transport of and trade in hydrogen and hydrogen based energy carriers produced from renewables, and identify economic, scientific, technological, regulatory and logistical barriers of the feasibility of the supply chain, as well as business models for hydrogen and hydrogen based energy carriers produced from renewables.
“Exploring opportunities for future collaboration on commercial scale operations and investments in hydrogen production is vital if Australia is to realise the significant economic benefits and job creation opportunities hydrogen brings,” commented Simon Birmingham, Australian minister for Trade, Tourism and Investment.
“This study gets the ball rolling on the development of future hydrogen supply chain with Germany which could lead to billions of dollars in export earnings for Australia and help them meet their future clean energy ambitions.”
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