Australia singled out for possible hydrogen boom, but also forecast to increase coal production
Australia is singled out as a country with strong potential for new hydrogen production facilities in the latest World Energy Outlook, which paints an uncertain future for coal exports and strong projected growth for solar power.
The new stocktake from the International Energy Agency (IEA) says in resource-rich countries such as Australia, hydrogen facilities could be built to sit alongside solar photovoltaic and wind facilities. The report says under such a set-up, Australia “could provide nearly 100m tonnes of oil equivalent of hydrogen, equivalent to 3% of global gas consumption today.”
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