This activity is part of the European Union Climate Dialogues Project (EUCDs).
The Australia-EU Green Hydrogen Dialogue facilitated knowledge sharing and promoted mutual understanding through regular dialogues with policymakers, business, industry associations, researchers and civil society on issues related to green hydrogen. These included green hydrogen production, policy alignment, technical innovation, investment and trade.
The Dialogues explored green hydrogen potential derived from renewable electricity sources both on land and offshore, its interlinkages with Australian climate objectives and the potential convergence of relevant Australian policies and standards frameworks with those of the EU.
Scaling up and accelerating green hydrogen production, investment, and trade. Understanding the current state of play in EU, Australia and the Asia-Pacific region and emerging regulations, certification, and cross border issues
Exploration of social license and community acceptance dimensions and policy settings, regional energy transition, socio-economic and environmental impacts, access to water and community benefit-sharing, with a focus on the lessons from the EU.
Provision of renewables (including solar PV, onshore and offshore wind) in developing green hydrogen – capacity, regulation, supply chains, permitting and planning regimes
The cost of capital and capital flows between the EU and Australia. Incentives for overseas investors and connection to sustainable finance taxonomy developments in the EU and Australia.
Power to X, opportunity for secondary conversions to drive industry decarbonisation, especially aviation, maritime, rail, chemical synthesis. Driving indirect electrification through low/zero carbon fuel derivates.
In December 2019, the EU launched the Green Deal for Europe, which sets out a range of strategies and new policies to make Europe climate neutral by 2050. Hydrogen, with its potential as a raw material, energy carrier and storage medium, offers the prospect of decarbonising the energy sector and vast sectors of the economy, including transportation, industry, and power generation.
With EU demand for hydrogen increasing from 8.3 million tons per year to more than 60 million tons per year (280 TWh to more than 2,000 TWh) by 2050, Europe is expected to import about 50% of these hydrogen needs, which means it must develop partnerships with countries capable of increasing clean hydrogen production.
Australia has a significant, $127 billion pipeline of announced hydrogen investment.
From a potential hydrogen supplier perspective, buyer’s standards are of crucial importance. There is a significant commercial opportunity for Australian hydrogen projects to access EU markets by aligning with EU energy and climate governance protocols and ensuring sustainability standards are met. Broad and coordinated dialogues between the different stakeholders involved are necessary to facilitate this understanding and alignment.
The Green Hydrogen Dialogue will:
In collaboration with project partners the NSW Decarbonization Innovation Hub, GlobH2E (ARC Training Centre for the Global Hydrogen Economy) and Institute for Sustainable Futures, Climate KIC Australia coordinates and convenes the Australia-EU Hydrogen Dialogue project, including:
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This activity was part of the European Union Climate Dialogues Project (EUCDs) and was funded by the European Union.
