The development of hydrogen energy has been promoted as a lower-emissions alternative to Australian coal and gas exports. However, there is a significant risk that the promise of hydrogen as a low-carbon alternative, for domestic use and export, could backfire. The development of Australia’s hydrogen industry could be used as a proverbial Trojan horse, to provide a new lease of life for fossil fuels through the production of hydrogen.
The Government is in a position to regulate and guide the industry over the next fifty years. Green hydrogen presents Australia with a potential zero-carbon energy source for domestic and international use. The Government should avoid past mistakes and prevent hydrogen being used as a vehicle for the extension or even expansion of fossil fuels.
Recent research suggests that large-scale renewable hydrogen might be cost-competitive with fossil-fuel based hydrogen within the next five years if relatively modest government incentives are implemented.
A commitment to renewable hydrogen would help to diversify Australia’s exports, reduce our reliance on fossil fuels, create a future-proofed and resilient national hydrogen industry, contribute to long-term economic prosperity and yield genuine greenhouse gas reductions.
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New Zealand’s electricity is secure and affordable. Renewable energy has flourished in a system that for more than 30 years has operated at arm’s length from elected governments – until now. This report outlines what New Zealand should do – and what it must avoid – to transition to a renewable energy future.
This discussion paper evaluates the energy policies required to meet Australia’s greenhouse gas emissions reduction targets set by the Abbott Government and pledged at the international climate summit in Paris.
The February 2018 electricity update reviews the performance of the South Australian 'big battery.' The audit shows that Australia’s energy system is in transition, regardless of the political turmoil the change is creating.