Hydrogen is unstoppable NSW’s hydrogen strategy, which was...

Hydrogen is unstoppable

NSW’s hydrogen strategy, which was unveiled in October, was officially signed off on Friday after the state parliament in Sydney passed the Energy Legislation Amendment Bill that underpinned its funding.In its H2 strategy, the state introduces eight “stretch targets” that it hopes to achieve by 2030:New era for Newcastle? Australia and Macquarie eye huge green hydrogen hub for world's largest coal portRead moreWestern Australia targets 100GW of green hydrogen 'within a decade' and 200GW by 2040Read more1) To produce 110,000 tonnes of green hydrogen per year2) To utilize 700MW of electrolyser capacity3) To “dramatically reduce the cost of green hydrogen” to under $A2.80 ($2) per kilo — from an estimated A$8.60 today4) To install 12GW of renewable energy5) To build 100 hydrogen refuelling stations6) To have 10,000 H2-powered vehicles on its roads7) For 20% of the state government’s heavy vehicle fleet to run on hydrogen8) To blend 10% hydrogen into the state’s gas networks (by volume)“Achieving these stretch targets will transform NSW into Australia's largest consumer of green hydrogen, create up to 10,000 new jobs and position the State to become a hydrogen export superpower,” the strategy says.

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