Technological breakthroughs in hydrogen technology, low-cost renewables, and Japan's hydrogen import target, have driven renewed interest in hydrogen's role as an energy carrier and export opportunity.
A 'hydrogen economy' will address some of the most intractable problems of climate change. Examples include the substitution of coal with hydrogen as a reductant for iron production, seasonal electricity storage, and transport fuels for heavy vehicles, ships and aircraft.
The utility value of hydrogen is its versatility as an energy carrier, storage medium, and chemical. Hydrogen intermediates between electricity, mobility, heat and work, but involves an 'energetic trade-off' between versatility and efficiency.
Read the document - “Australia’s Hydrogen Future: A research report.”
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