APAC green hydrogen

These will be located in South Australia and Northern Territory.

Markets in the GCC region are expected to leverage their expertise to produce blue hydrogen.

IRENA asked the G7 countries to lead the market. 

Around 25% of global hydrogen is set for trading by 2050.

The two states signed ten memoranda of understanding. 

This will cater to users in South Australia and interstate, and even export markets.

This is up from the current 1Mt.

The region is projected to add 30GW capacity by 2030.

With producing green hydrogen costs set to drop, APAC is ripe for a hydro revolution.