BusinessPostCorner.com
No Result
View All Result
Saturday, July 18, 2026
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources
BusinessPostCorner.com
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources
No Result
View All Result
BusinessPostCorner.com
No Result
View All Result

Could Australia become a green hydrogen superpower?

August 8, 2024
in Business
Reading Time: 2 mins read
A A
0
Could Australia become a green hydrogen superpower?
ShareShareShareShareShare

Despite the research work, some doubt that hydrogen will become a big export for Australia.

One of those is the Institute for Energy Economics and Financial Analysis (IEEFA), a global research organisation which advocates the use of renewable energy.

Exporting hydrogen from Australia would “make no financial sense”, according to Amandine Denis-Ryan, the chief executive of the IEEFA in Australia.

“Hydrogen shipping would be prohibitively expensive. It requires extremely low temperatures and large volumes, and involves high losses. Using hydrogen locally makes much more sense.”

She hopes that government funding will not be “wasted” on such projects.

Like bubbles on electrodes, new technologies and processes invariably hit sticky patches where progress is hindered and doubts amplified, but the architects of hydrogen’s advance are confident it has a key part to play in our energy transition.

Bahman Shabani, a professor at RMIT University’s School of Engineering in Melbourne, is working to store surplus renewable energy using an electrolyser, a storage tank and a fuel cell that together act like a battery.

“Hydrogen is gaining popularity all around the world. If you look at the investment levels in China, for example, in Japan, in Germany, in Europe in general, in the United States, they are all realising the importance of this area.”

Credit: Source link

ShareTweetSendPinShare
Previous Post

Vinted U-turns on delivery changes after backlash

Next Post

Housing market update: 30-year fixed mortgage rates drop to 6.47 percent

Next Post
Housing market update: 30-year fixed mortgage rates drop to 6.47 percent

Housing market update: 30-year fixed mortgage rates drop to 6.47 percent

NYC lawyers slam pied-a-terre tax as a ‘half-baked money grab’

NYC lawyers slam pied-a-terre tax as a ‘half-baked money grab’

July 13, 2026
Current price of oil as of July 17, 2026

Current price of oil as of July 17, 2026

July 17, 2026
New York becomes first US state to suspend data centre development

New York becomes first US state to suspend data centre development

July 14, 2026
‘We absolutely screwed up’: Vance blames Bondi for the miscommunication around the Epstein files

‘We absolutely screwed up’: Vance blames Bondi for the miscommunication around the Epstein files

July 16, 2026
Audit partners concerned about AI risks

Audit partners concerned about AI risks

July 15, 2026
June PPI Miss Shifts Fed Rate Cut Odds

June PPI Miss Shifts Fed Rate Cut Odds

July 15, 2026
BusinessPostCorner.com

BusinessPostCorner.com is an online news portal that aims to share the latest news about following topics: Accounting, Tax, Business, Finance, Crypto, Management, Human resources and Marketing. Feel free to get in touch with us!

Recent News

After Supreme Court loss, Trump tests a new tariff strategy on Brazil and other countries may follow

After Supreme Court loss, Trump tests a new tariff strategy on Brazil and other countries may follow

July 17, 2026
Wall Street’s record profits boost NYC tax revenues

Wall Street’s record profits boost NYC tax revenues

July 17, 2026

Our Newsletter!

Loading
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2023 businesspostcorner.com - All Rights Reserved!

No Result
View All Result
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources

© 2023 businesspostcorner.com - All Rights Reserved!