Over the next 5 years, the global hydrogen market is set to expand from US$130 billion to US$201 billion. This is due to growing demands from a range of industries to minimise carbon emissions and harness cleaner, greener energy sources.
This places Australia in a unique position to benefit from the surge in global hydrogen demand. Australia possesses significant stores of hydrogen sources and has been described by the World Energy Council as a future major supplier of the gas.
Australia’s geographic location also allows us to capitalise on growing hydrogen demands in the Asia Pacific market, currently valued at US$93 billion and is anticipated to grow at a CAGR of 10%.
174 countries – and the European Union – have committed to the Paris Agreement on climate change, pledging to become carbon-neutral by 2050. This will mean a significant shift in current energy production, and an inevitable movement towards hydrogen as a primary energy source.
Sign up to join the hydrogen revolution today and receive exclusive investment opportunities.
Sign up to receive exclusive investment opportunities, free educational resources and the latest news on the green hydrogen space.