According to The Australian Financial Review, Australia will need to develop a domestic hydrogen sector if it wants to capitalise on its huge potential as an exporter, amid competition from Saudi Arabia, Qatar and Chile, which are also eagerly eyeing a potential $US2 trillion global market by 2050, said Pierre-Etienne Franc, secretary of the Hydrogen Council.
Mr Franc, who is also vice-president at Air Liquide, pointed to captive and back-to-base transport fleets, such as those used at mining sites, among the sectors that could be suitable for the early adoption of hydrogen fuel within Australia, while acknowledging the obvious major infrastructure hurdles in the way of a wider uptake of hydrogen fuel cell passenger cars.
Australia also needs to bring other countries alongside it in developing the hydrogen market, helping to foster use of the potential export markets of Japan and South Korea, and to work with the industry internationally to develop and harmonise international standards for hydrogen products, he said during a visit this week to Australia.
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