Australia's Updated National Hydrogen Strategy: Unlocking Opportunities for #Oman-#Australia Collaboration Australia has just released its 2024 National Hydrogen Strategy, reaffirming its commitment to becoming a global hydrogen leader. This presents exciting opportunities for collaboration between Australia and Oman in the rapidly growing green hydrogen sector. Key highlights: • Australia targets producing 15-30 million tonnes of hydrogen annually by 2050 • A$8 billion in government incentives expected to unlock A$50 billion in private investment • Focus on large-scale export and manufacturing industries to drive down costs • Emphasis on international partnerships and co-investment As Mac Thomson, Chair of the Australian Business Group Oman, notes: "Australia is seen by many countries as a leader in #Renewables and #GreenHydrogen. This updated strategy positions Australia well to attract further international interest." With Oman's green hydrogen industry forecasted to see over USD 37 billion invested by 2030, there's significant potential for synergies between the two nations. We have already seen the Oman Investment Authority invest in Australian hydrogen technology company Hysata. This strategy opens doors for: 1. Direct international investment in Australian hydrogen projects 2. Knowledge sharing and R&D collaboration 3. Partnerships between Australian service providers and Omani hydrogen initiatives 4. Joint ventures in green metals, ammonia, and low-carbon fuels As both countries aim to become hydrogen powerhouses, the time is ripe for Australian and Omani businesses to explore mutually beneficial partnerships in this transformative industry. #GreenHydrogen #AustraliaOmanPartnership #CleanEnergy #FutureMadeInAustralia Todd Miller Bryony Hilless (EMPA. GDip. BA.) (EMPA. GDip. BA.) Rumaitha Al Busaidi Hydrom Muhannad Al Hinai Ministry of Energy and Minerals Patrick Tranter Worley Nic Henrikson DLA Piper Dr Jehan Kanga Marius Bosch Bill Sayer Rux Energy Al Muthar Al Kharusi Powerlink Queensland Paul Simshauser John Oberhardt Michael Helleman Austrade Middle East, Africa and Pakistan | Australian Trade and Investment Commission Department of Climate Change, Energy, the Environment and Water Nick Parkinson LIJU CHERIAN ليجو شيريان Conrad Prabhu Hanife Ymer (MAICD, FIEMA) Vivian Wood Lauren Stasinowsky Qais AlToubi Nader Al said Edan Corkill Moin Anwar Tim Stock Khalid AlSulti Woaud Al Muzaini Suhail Al Junaidy
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Bloomberg | Australia Sees Green Hydrogen Exports by 2030 in AUD8 Billion Strategy ▶︎ Australian Government incentives of about AUD 8 billion (USD 5.4 billion) over the next decade are expected to unlock AUD 50 billion in private investment. ▶︎ That would allow annual production of at least 500,000 tons of hydrogen made with renewable energy and minimum exports of 200,000 tons by 2030. ▶︎ #Australia has sought to kick-start the production of green hydrogen — seen as key to cutting emissions in energy-intensive industries such as steelmaking. ▶︎ The vast open spaces give Australia a geographical advantage to build the solar farms and wind turbines needed to power the electrolysers. However, BloombergNEF expects the US, Europe and China to account for 80% of supply by 2030. #NationalHydrogenStrategy #Austrade Mubaraka Tyebbhoy Todd Miller Bryony Hilless (EMPA. GDip. BA.) Rumaitha Al Busaidi Hydrom Muhannad Al Hinai Ministry of Energy and Minerals Patrick Tranter Worley Dr Jehan Kanga Marius Bosch Bill Sayer Rux Energy Al Muthar Al Kharusi Nic Henrikson DLA Piper John Oberhardt Anne Maree Weston Austrade Middle East, Africa and Pakistan | Australian Trade and Investment Commission Department of Climate Change, Energy, the Environment and Water Mohammed Al Bahri Invest and Trade Western Australia Government of Western Australia Aziz Saba,MBA Nashid Chowdhury Ahmed Muqaibal Conrad Prabhu Hanife Ymer (MAICD, FIEMA) Vivian Wood Lauren Stasinowsky Qais AlToubi Moin Anwar Khalid AlSulti Woaud Al Muzaini Suhail Al Junaidy MMIS LLC Tamara International Tamara Overseas LLC Australian Business Group Oman