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Australia’s Technology Investment Roadmap & Discussion Paper: Producing Hydrogen Under $2 per kilogram

By May 21, 2020 2   min read  (265 words)

May 21, 2020 |

The Australian Government is developing a national Technology Investment Roadmap.

Technology will drive a successful shift to secure, more affordable energy and lower emissions. The roadmap will help prioritise Australian investments in new and developing low emissions technologies and allow it to work towards clear priorities over the short, medium, and long term. It will provide a framework for setting economic stretch goals for priority technologies.

In its Technology Investment Roadmap, released today, the government said its first goal was to find a way to manufacture clean hydrogen at less than $2 per kilogram.

Reason for Discussion Paper

The Australian Government wrote “In particular, we welcome suggestions for economic stretch goals that could help establish pathways for the cost-effective deployment of priority technologies. As outlined in this roadmap, these stretch goals would include producing hydrogen under $2 per kilogram, but could also cover the permanent storage cost of carbon capture use and storage (CCUS), biological sequestration (in soil and vegetation), firmed renewables, and long-duration energy storage.

We are interested in partnering with industry, research institutions and others with relevant commercial or technical expertise to develop these economic stretch goals, which should be ambitious, but achievable.”

Your input will help inform Australia’s first Low Emissions Technology Statement later in 2020. This will guide the Government’s technology investment portfolio to reduce emissions and be the cornerstone of the Long Term Emissions Reduction Strategy.

This is an opportunity to help shape Australia’s path to lower emissions and share your knowledge on challenges driving technology deployment across Australia’s economy.

 

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