Federal Government forecasters say there are $185 billion worth of major Australian projects in hydrogen, carbon capture and storage and ammonia in the pipeline.
On numbers contained in the 2021 Resources and Energy Major Projects Report by the Department of Industry, Science, Energy and Resources’ Office of the Chief Economist, the foundations of the green energy industry will be built with a level of investment 15% larger than oil and gas and double the investment in new coal mines and extensions. Link
My spreadsheet of investments clearly missed a bit! I have not counted Carbon Capture perhaps a few billion wasted there?
"The first time the department has included green energy projects in its report, their analysts say Australia could become one of the world’s largest hydrogen exporters by 2030 if the projects come to fruition.
“21 major hydrogen projects have been included in the 2021 report, and over $133 billion worth of potential investment in hydrogen projects has been identified,” analysts from the department said.
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2030 is not far yet just about perfect for CDP to get the required proof completed.
Hydrogen News, page-18
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