$128 million upfront payment for households to promote solar energy

The state government is set to announce a plan to pay a $128 million upfront payment for NSW householders to help with the rising cost of energy. This amount is equal to approximately 10 years’ worth of rebates. This fund is expected to use for solar installations or solar up-gradation.

A third of NSW households who already receive a low-income energy rebate as part of their pensioner concession will be able to access the upfront payment of around $2,850 as part of this month’s budget. If households have access to gas, they will receive an additional subsidy of $110.

The state government estimates the array could save a household up to $600 a year, instead of the annual $285 low-income household rebate. For those homes not able to install solar, the government is offering access to $4,000 in-home appliance upgrades. “These include energy-efficient fridges, dryers, air conditioners and hot water systems, and upgrades such as window shading and draught sealing valued at up to $4000,” NSW Treasurer Matt Kean said.

Should I get Solar Battery Storage in Australia?

solar battery

Solar power is the new-gen source of energy. With the continuous rise in depletion of natural resources such as coal, we will be getting electricity only through natural means such as the sun in the coming years. However, we would not want to go back into the era of cavemen, where you could get light and electricity only when the sun is up!

As a result, in addition to solar panels that provide real-time energy, we also require a storage device that allows us to store energy that we can use when the sun is not up. Here, solar battery storage comes to the rescue!

According to the size and requirements of your house, you can easily get a home solar battery storage for yourself. This will help you store the sunlight in the day and then use it at night. It has been observed that every one out of four households in Australia who have installed solar panels has installed a storage battery with it as well.

Why do some solar power systems include a battery?

Australia lies near the equator, with the Tropic of Capricorn passing through it. Due to its geographical location, it is prone to receive a large amount of sunlight. It is evident that one household cannot use all of the sunlight received during the daytime right then and there. Therefore, it is a smart option to store the excessive heat that the panels absorb, so that they can be used for generating electricity when there is no sunlight. 

Some solar power systems make the task easier for you, as they come with a solar battery system. These batteries allow you to store the surplus sunlight for future use; this is highly beneficial in the following ways:

  • The days when you see no scope of sunshine in the sky, you can still utilise solar energy from the battery.
  • It works as an inverter; in cases of a power outage, it provides electricity to the household. 
  • A backup is always a good option. You never know when electricity can ditch you. In such cases, you can use the stored power. 

Having a home solar battery storage is a cost-effective option. If you feel that you are doing some task which will require more electricity that may result in higher bills, you can use battery power instead.

The best options for buying battery storage

Today, many companies have come out with battery options that you can use in different spheres, such as industry, household, public amenities etc. These batteries come in many sizes, based on the usage of the person buying it. We shall now read about some of the best manufacturers that provide battery storage in Australia, 

  1. Tesla: Tesla has a highly effective option in solar batteries. It is compatible to fit into any grid. The size of the Tesla Powerwall, which is one of the most famous batteries in Australia, is 14 kWh, and it comes with a warranty of 10 years. 
  2. Huawei: It is another technology giant which provides solar battery storage for large households. The size of its battery starts from 5 kWH. It is modular and expandable and comes with a warranty of 10 years.
  • LG Chem: LG comes with a solar battery, which has a capacity of 6.5 kWh. It can also be used in hybrid setups and comes with a modular expansion. LG is currently the largest solar battery provider in Australia, with a 50% part in the total solar market of Australia. 
  • Sonnen Hybrid: It is the best battery system in Australia in terms of hybrid systems. It comes with an inverter as well as a battery storage. It comes in many sizes, ranging up to 15 kWh. It comes with a 10 year warranty. 

For how long does energy stay stored in the battery?

Generally, all good companies provide a warranty of up to 10 years with the batteries. Some companies even offer a warranty of 30 years! This means that once purchased, your battery can last for a long time. In order to make sure that your batteries go on for a long time, you need to make sure that the temperature, usage and other factors of the battery are as advised by the company. 

How often do solar panel batteries have to be replaced?

Every battery comes with a warranty. If anything happens to the battery during that period, the company is obligated to replace it for free. Generally, a battery needs to be replaced not more than once or twice during the lifespan of your solar panels. But how will you know that your battery needs replacing?

The following indicators can mean that it is about time you replace your solar batteries:

  • The capacity of the battery has reduced so low that it is providing very little power as a backup. If the battery is unable to meet your requirements like before, it is time to change it. 
  • If there is any kind of system malfunction, or your battery fails, replacing it with a new one is the smart thing to do. 

If you are planning on buying a new solar panel for your house, or if you already have one but without a battery, now is the time to buy a storage battery. In the coming years, the importance of solar battery storage will rise and will be just as common as solar panels. By getting a solar battery, you can help yourself in getting lower bills, as well as Australia in creating a sustainable system. 

Many residents of Australia have been considering getting a solar power setup for their households. As of now, roughly 3 million households, that is 30% of the total households in Australia have a storage battery installed with their solar system. By getting a solar panel installed along with the storage battery, you are surely going to make a change. And this will affect not only yours but the lives of many others. Make sure you do it the right way!

Australia is planning for 100% renewable grid by 2030

solar power

With the increasing installation of residential & commercial solar systems and huge solar farms, there is no doubt that Australia can become a renewable energy superpower. Recently Clean Energy Council has unveiled the road map of a 100% renewable grid by 2030.

The 2021 Australian Energy Statistics for electricity generation shows that 24 percent of Australia’s electricity came from renewable energy in 2020.

This increase with driven by a boom in solar installation. Solar is now the largest source of renewable energy at 9 percent of total generation, up from 7 percent in 2019, with one in four Australian homes having solar – the highest uptake in the world.

Australian states and territories are on the way to reaching 100% renewable energy.

In 2020, each state and territory saw its renewable energy capacity grow by more than 20 percent to reach a national capacity of 27 percent — and it’s showing no signs of slowing down! Despite the presence of coal-obsessed, climate laggards within Parliament — states like Tasmania and South Australia are already proving that 100% renewable is 100% doable.

Upon reaching 100% renewable energy capacity in November last year, Tasmania is setting its sights on a target of 200% renewable energy by 2040. It’s expected that Tassie will produce twice its current electricity needs and export the surplus to the mainland via the proposed AU$3.5 billion Marinus Link cable.

South Australia continues to prove that it’s possible to shift from coal to clean energy without hurting the economy or energy supply. SA now has about twenty large wind farms and four large solar generators in the state, with many more projects in the pipeline, including big batteries. These projects will pave the way for SA to reach 100% renewable energy by 2030, at the latest. The turnaround is a pretty impressive feat, considering that SA was 100% reliant on fossil fuel as recently as 2006!

As a traditionally coal-dominated state, New South Wales is making waves with its Electricity Infrastructure Roadmap; promising to deliver $380 million over the next four years to support 12 GW of renewable energy capacity. Plus, a recent report by Reputex found that NSW can reach 100 per cent renewable energy as early as 2030!

The Clean Energy Council’s vision was delivered in the form of a nine-point plan. I will go into more detail on the proposed policies, but as a taster each of the nine pathways could be summarised as:

  • Electrify Australia
  • Incentivise Australians to switch to clean energy
  • Upgrade electricity networks
  • Organise workforces and supply chains
  • Fund coal communities’ transitions
  • Accelerate Australia’s energy market reforms
  • Fund clean energy innovation
  • Decarbonise industry
  • Fund hydrogen to achieve maximum export potential

In short, the plan seems to move in chronological priorities, promoting the internal delivery of a 100% renewable electricity grid within the decade, while then setting up the foundations to build hydrogen capacity primarily as an export industry in the longer-term future.

What are community-scale solar batteries? What are the Benefits?

A community solar battery, also known as Community-scale Energy Storage (CES), is a shared neighborhood battery solution that allows households with solar power to pool excess electricity. At its core, a community battery supports the grid by improving power reliability and smoothing power flow in a local area to enable further uptake of rooftop solar. A community battery is typically the size of a 4WD vehicle and provides anywhere from 100kW-5MW of storage that can potentially support hundreds of local households.

Benefits of community solar batteries

Community batteries have the potential to provide social, economic and technical benefits to the broader energy system. While not all community battery program models offer the same benefits, below are some common perks:

Lower energy costs: Community solar batteries allow you to buy back excess power at a lower price than the energy offered by your retailer. Discharging batteries during peak-periods also facilitate ‘peak shaving’ by levelling out peaks in electricity use that drive up electricity prices.

Increased power reliability and stability: Community batteries make solar “visible” to network owners and operators, making it easier to manage daytime and peak-time load periods.

Increased hosting capacity: The ability to integrate more distributed energy resources (e.g. solar panels and electric vehicles) into the distribution grid without the construction of more expensive network assets to accept two-way flow of power.

Energy equity: Community batteries provide an opportunity for a wider range of individuals to access the benefits of renewable resources. Although solar panels are cheaper than ever before, they are still out of reach for some members of the community who either can’t afford the upfront cost or can’t practically put solar on their rooftop (i.e. apartment owners, renters).

A greener grid: With more people using renewable energy, there is less reliance on traditional sources of electricity which reduces our carbon emissions.

Can solar panels be installed on a flat roof?

Absolutely. If your roof is in good repair and doesn’t have large obstructions around, such as trees, which can block the sun and diminish your energy output, you can certainly install solar panels on a flat roof. In fact, in some ways, a flat roof can be preferable to a slanted one when it comes to solar installation.

Installing solar panels a very low pitch or flat roof is not usually recommended as when solar panels are installed this way the self-cleaning capability of the solar panels is diminished. What tends to happen is the dirt that builds upon the solar panels is not effectively washed off by the rain, so the system may not function quite as efficiently and will possibly require additional cleaning.

The self-cleaning aspect is certainly a detrimental point about installing solar panels flat to a flat or low pitched roof, however, the only other option is to install the solar panels on tilt framing to achieve the desired tilt and the benefits this provides (higher power output and self-cleaning).

Solar panels installed on tilt framing shade the roof behind the panels. This means that the second row of solar panels cannot be installed close to the row in front as the front row will shade the back row, and shading is very detrimental to the performance of solar panels. This means that more space is required on the roof – if space is of the premium then this is a major issue. Tilt framing is more expensive and time-consuming to install than installing solar panels flat to a roof.

How to find a company to install solar panels for your flat roof?

If you live in an area where many homes have flat roofs, it’s likely that your local installers will have experience working with these kinds of systems. However, you should always get multiple quotes from installers to ensure that you’re working with a company that has the right expertise and background for your needs.

The best way to find multiple local solar installers is to register your property on the EnergySage Solar Marketplace. When you join, simply indicate the location of your property on Google Maps so installers will know that your property has a flat roof (they will see an overhead satellite image). To ensure that you get quotes from companies who will work on your property, you can also indicate that you’re looking for a flat roof installation when you set up your preferences after joining.

What are the disadvantages of mounting solar panels flat against a flat roof?

There are three disadvantages of laying solar panels flat against a flat roof:

  • They get far dirtier over time, and dirt reduces production;
  • In the Northern Hemisphere, as the position of the sun moves from east to west each day – the path is always across the southern part of the sky. Therefore, panels laid flat are not facing the sun as much as panels are tilted towards the south.
  • Laying solar panels flat can sometimes lead to a voiding of the manufacturer’s warranty on the solar panels. The reason for this is that when panels are flat, water sits in the lip between the frame and the glass coating of the module. Given these are only sealed by silicon, similar to what you use in a bathroom to seal out water, this adds to the risk that over 10 to 20 years water may breach the barrier and damage the solar panel.

How does renewable energy lower energy prices?

In Australia, record levels of renewable energy have driven down electricity prices and reduced consumers’ need to access the grid for power.

In an interview with news.com.au, Victoria University energy expert Associate Professor Bruce Mountain explained that Australia’s energy system is complex and impacted by many factors. However, he said it was fair to say that the spread of solar panels on rooftops and the addition of new solar and wind farms to the grid meant spot power prices were often zero during the middle of the day, and regularly lurched into negative territory.

This has created the situation where coal-fired power stations actually pay the market to dispatch their electricity, rather than being paid for it.

“Because that’s cheaper than switching off [the power station] and having to restart again,” Prof Mountain said.

Interest rates unlikely to rise next year
While inflation has risen in Australia due to increased demand for goods rather than services and global supply chain impacts during the pandemic – the overall effect has been modest in comparison to international markets and is predicted to moderate over the next 18 months.

Mr Lowe said the latest data and forecasts do not warrant an increase in the cash rate next year.

“The economy and inflation would have to turn out very differently from our central scenario for the Board to consider an increase in interest rates next year,” he said.

Join the solar revolution

With summer just around the corner, we’ll soon be cranking our air conditioners and cooling off in our pools – two extremely energy-intensive features of many homes. Not only does solar compensate for that hefty energy usage but, during summer, solar systems can generate twice the electricity than in the short days of winter.

If you aren’t already reaping the benefits of solar power, we can help.

Energy Matters has assisted over 30,000 Australians in their transition to clean energy. We can guide you toward solar and/or battery storage solution that fits your lifestyle and budget. Receive up to 3, obligation-free quotes from our trusted network of accredited solar installers. It’s fast, free, and takes the hassle out of shopping around.

Is Tesla Powerwall Economically Feasible in Australia?

Tesla has selected Australia as one of the first countries to install the updated Powerwall Battery solution (Powerwall 2.0 system) due to its tariff structure, high solar radiation values, and high electricity prices. The Powerwall 2.0 stores double the energy (13.2 kWh), is 30% smaller in size and similar in cost.

The Powerwall 2.0 system can be used for load-shifting in which energy management is used to move demand from on-peak to off-peak hours. In other words, the Powerwall 2.0 system is charged by the household or business grid during the off-peak tariff hours and discharged back into the same grid in the on-peak tariff hours. The difference between the two tariffs represents the savings that are then used to pay back the investment and eventually make a profit on the investment. The Powerwall 2.0 system may also be used for PV production storage to be used in the nighttime where household electricity consumption is highest, and/or just for backup power.

Battery Capacity

With 13.5 kilowatt-hours of usable storage, the Powerwall 2 has over twice the capacity of the original, which could store 6.4 kilowatt-hours when new.

Too Much For Most Aussie Households 

The average Sydney household without gas uses an average of around 17.6 kilowatt-hours a day and perhaps half that overnight. This means only very large or very wasteful households are likely to be able to use a Powerwall 2 at full capacity for ‘solar shifting’ and so get the best possible return on the battery system.

How Much Does The Tesla Powerwall 2 Cost in Australia ?

In Australia, across our network of over 150 solar installers, we expect this installed cost of a Tesla Powerwall 2 to cost between $14,000 and $16,000 excluding Solar Panels and any rebates that might be available in your state.

The economic feasibility of the investments of each of the four scenarios is determined by calculating the economic methods such as the Discounted Payback Period, the Net Present Value, the Internal Rate of Return, and the Profitability Index. Tesla has announced the impending arrival of the Powerwall 2 at a promised price point that, on the surface, looks very compelling: $10,150 fully installed1.

Tesla Powerwall payback

It is difficult to beat the return on a term deposit by installing a Powerwall 2 using my assumptions, but it can be done provided a household’s electricity consumption is extremely unusual and time-of-use tariffs remain as high as they are now.  Even if you are confident you can use most of a Powerwall 2’s output during peak periods, you will still be at the mercy of changes in electricity prices that are out of your control. So you will not only have to be unusual, you will also have to be lucky.

Payback times will be different for every household, but in some instances it seems the payback time may well exceed the warranty period for the Powerwall. If your intention is to have the Powerwall paid off by your electricity savings, then you might want to chase a further guarantee from your installer that the unit will last that long.

What’s also clear is that tapping into your own solar power as much as possible, rather than feeding it back into the grid with a measly feed-in tariff, will decrease your payback time.

These are just simple calculations to give a rough estimate of the potential payback time. There are a range of factors that can influence the outcome, including increases in electricity prices and ongoing maintenance costs, which you might want to factor into your own calculations.

How to select the best solar panel for home

Solar PV systems can be classified based on the end-use application of the technology. There are two main types of solar PV systems: grid-connected (or grid-tied) and off-grid (or standalone) solar PV systems

A solar PV system is powered by many crystalline or thin-film PV modules. Individual PV cells are interconnected to form a PV module. This takes the form of a panel for easy installation. The cells contain in solar panels convert sunlight into Direct current (DC) electric power. The DC output of the solar cell depends on multiple factors including environmental and technical. Low efficiency reduces the output of solar panels and it reduces the ROI of the solar system.

When installing a solar system, house owners mainly look into these key points: efficiency of solar panels, aesthetic of solar panels, cost of the solar system, and professional installation.

The efficiency of solar panels

Two key cost drivers are the efficiency with which sunlight is converted into power and how this relationship changes over time. Solar installers offer monocrystalline panels to set up a solar energy system in a normal household. Monocrystalline panels are the most efficient solar panels compared to other technologies. Solar modules (and cells within) need uninterrupted sunlight to produce maximum electrical energy. With the shadow even on a part of the module, the generation reduces to a great extent thereby wasting installed system capacity.

Solar Panel Cost in Brisbane

The cost of your solar PV system will depend on many factors: system configuration, equipment options, labour cost and financing cost. Prices also vary depending on factors such as whether or not your home is new, and whether the PV modules are integrated into the roof or mounted on the roof. The cost also depends on the system size or rating, and the amount of electricity it produces. There are many professional solar installation companies in Brisbane. These companies offer different types of packages that come with 3.3kW, 6.6 kW, 10kW. Apart from these solar installation packages, you can customize as per your power usage.

Generally, solar PV systems installation cost is high. You can save money on your electricity bill. But even with these savings, it will take a long time to recover the capital cost of the solar PV installation. The Australian government is providing rebates for solar system installation. The maintenance cost very low, also solar panel companies are providing 10 years manufacturer’s warranty and 25 performance warranties.

Aesthetic of solar panels

The important thing to bear in mind is that if you are considering installing solar panels on your property you do have options about how the solar panels will appear. Contact a professional installer and request for a site visit. You will get more ideas about the aesthetic part of the solar system.

Regular maintenance of the solar system

During the defect liability period (usually for 12 months after installation), solar PV system contractors usually use remote monitoring data to prepare monthly performance reports of the installed solar PV system. They should come on site to rectify any problems flagged by the remote monitoring service.

Professional installation

Always select a professional solar system installation. Check the Licensing and Certification for the installer. Go through the customer reviews in different portals.

What type of solar panel is suitable for the home solar system?

home solar system

The majority of residential solar modules consist of PV cells made from either crystalline silicon cells or thin-film semiconductor material.  Crystalline silicon cells are further categorized as either monocrystalline or polycrystalline. The monocrystalline cells provides high efficiencies (13–19%) but are more expensive and difficult to manufacture. Polycrystalline (also called multi-crystalline) silicon cells that have lower efficiencies (9–14%) but are less expensive and easier to manufacture.

Soar panel brands and professional installation also major factors that affect the overall efficiency of the solar system. Below are the three types of technologies used for residential solar panels.

1. Monocrystalline Silicon Solar Cells

Monocrystalline silicon solar cells are made from a very pure type of silicon which makes them most unique. They are most efficient in their output so they are also most space efficient. This is understandable as fewer cells would be required to produce the electrical output of one unit. The edges of cells in monocrystalline solar panel are cut off to increase efficiency level and reduce maintenance. Monocrystalline Solar Panel have blackish color on its surface. The solar panels which contains monocrystalline solar cells are expensive compared to other types of solar panels.

2. Polycrystalline Silicon Solar Cells

Unlike monocrystalline cells, polycrystalline cells do not go through the process monocrystalline goes through. As an alternative, the silicon is emptied into a four-sided mold after being melted this gives the square shape to polycrystalline. Characteristically, polycrystalline solar Photovoltaic system operates at efficiency of 13-16%. This is due to lower purity of the material. Because they are less efficient, these types of solar cells are also less space efficient so they require a lot of panels for small electrical power. Another disadvantage of these solar cells is that it tolerates less heat than monocrystalline, this means they are not as efficient in high temperatures and do not perform efficiently.

The price gap between monocrystalline and polycrystalline panels is narrowing. Now, more homeowners are willing to pay a slightly higher price to get significantly better efficiency and power ratings from monocrystalline panels.

3. Thin Film Solar Cells

They are another type of solar cells. They exist in many types but their efficiencies lie from 7 to 13%. Many experts say that their efficiencies will climb up to 16% in future models due to the research and advancement being. They are made by coating numerous types of semi conducting materials with silicon. In some of the cases they are coated on top of each other to make a sequence of thin films. The production of these solar cells on a very large scale is easy when we compare them to monocrystalline and polycrystalline based modules. This decreases their price of production. There are two disadvantage for thin film solar panels. First disadvantage is, more rooftop space is required because of less efficiency. Second disadvantage is durability. It is not durable compared to silicon solar cells.  Thin film solar cell based solar panels are mainly using for commercial solar systems and solar farms projects.

Other type of solar Cells used for commercial solar system and solar farm projects

Amorphous Silicon Solar Cells

Thin film solar cells which are made up of amorphous silicon are utilized in smaller applications like handheld calculators, lights used while traveling and picnic camps used in far areas. Due to forming multiple layers of this material which is a new process the efficiency for these technologies have been recorded up to 8%

Cadmium Telluride Solar Cells (CdTe)

The lone thin film material which has given competition to the crystalline in terms of cost is this type. It has efficiency in the range of 9-11%.

Copper Indium Gallium Selenide Solar Cells

Copper Indium Gallium Selenide Solar Cells are the only type of thin film technology which has efficiency compared to crystalline technologies, i.e. 10-12%

Key Points

  • There are three mainly three types of technology used in solar panels:  monocrystalline, polycrystalline, and thin film.
  • Monocrystalline solar panels are highly efficient and comes with latest design, it is expensive compare to polycrystalline and thin film.
  • Polycrystalline solar panels are cheaper than monocrystalline panels, however, they are less efficient. Required more roof space and appearance is not good as monocrystalline. 
  • Thin film solar panels are the cheapest, but have the lowest efficiency rating and require a lot of space to meet your energy needs.

HyEnergy Project to boost Australia’s green hydrogen exports

HyEnergy Project to boost Australia’s green hydrogen exports

Green hydrogen produced from renewable sources, such as wind and solar energy, looks set to play a significant role in navigating society towards a decarbonised future and meeting the global aim of net zero emissions by 2050.
The HyEnergy Project is a potential ‘Renewable Green Hydrogen Project’ by Province Resources that is located in Western Australia’s Gascoyne Region just south of Carnarvon.
On account of climate commitments, nearly half the globe has already embraced net zero policies. For climate experts, green hydrogen is indispensable to climate neutrality. It seems Australian markets are hungry for hydrogen and were badly on the lookout for something other than fossil fuels to keep the exports alive. Province Resources’ have made a right move in this direction as there is a huge demand for green hydrogen and Australia is trying to be its key exporter.
Province Resources is a gold and nickel exploration company formerly known as Scandivanadium. With the “news” of its green hydrogen project, the stock price of Province Resources leaped 262% that it could be even the top pick of the year.
It is proposed to acquire Ozexco Pty Ltd in the Gascoyne. It is subject to shareholder approval at its general meeting. Ozexco holds seven license applications, hence suitable for developing a renewable green hydrogen project.
Vulcan Resources’ co-founder and CEO Francis Wedin has invested in Province Resources and is signed on an advisor to the company. Vulcan has developed the world’s first and only zero-carbon lithium process and plans to produce battery-grade lithium hydroxide from geothermal brines pumped from wells with a renewable geothermal energy by-product.
The company’s vision is to generate 1 GW of renewable energy in Western Australia using wind and solar and to produce approximately 60,000 tonnes of green hydrogen or up to approximately 300,000 tonnes of green ammonia.
The next 12 to 18 months will see Province Resources commencing feasibility studies for renewables generation and hydrogen production at the HyEnergy Project as well as execute a deal with an independent power producer to develop the clean energy needed. The firm will then initiate discussions with potential offtakers.
Why Gascoyne?
World class wind and solar resources of the Gascoyne Region within close proximity to key infrastructure provides potential for the establishment of a Renewable Green Hydrogen Project capable of supplying domestic and international markets. Gascoyne has the highest solar irradiance and is the fourth windiest location in WA. Gascoyne’s climate and wind patterns made renewable energy an attractive and viable option.
The proposed site is not far from Dampier Bunbury Natural Gas Pipeline as well as export infrastructure, which will certainly prove helpful. WA’s geographical proximity to Asia and its longterm presence in these markets is another strategic benefit.
With an area of 2.5 million sq km WA is well placed to develop large scale renewable energy generation sector. WA’s low intensity land use and low population density makes the project area ideal for installation of a commercial scale wind and/or solar farm.
Since Australian government dreams of being a major green hydrogen exporter, the funds for Province’s HyEnergy Project will be taken care of by country’s emergent green hydrogen industry. Funding from Government on both a State and Federal level include:
• Western Australian Renewable Hydrogen Strategy $10m.
• Australian Renewable Energy Agency (ARENA) $70m.
• Australian Government Advancing Hydrogen Fund $300m.
Green hydrogen produced from renewable sources, such as wind and solar energy, looks set to play a significant role in navigating society towards a decarbonised future and meeting the global aim of net zero emissions by 2050.
Launching its Renewable Hydrogen Strategy last year, the government of Western Australia announced its aim to become a “significant producer, exporter and user” of green hydrogen. The strategy said Australia’s zero carbon green hydrogen exports could reach AU$2.2 billion by 2030.With HyEnergy project, Australia is making a move in this direction.