Queensland's hydrogen future
The global hydrogen production market was valued at $US115.25 billion in 2017 and is expected to grow to over $US200 billion by 2026. Australia is well positioned to capture a significant share of the global H2 market and the energy powerhouse state of Queensland will play a major role due to its enviable capacity to produce renewable and alternative energy. The state is rich in renewable energy resources with existing large-scale solar, wind, biomass, geothermal and hydroelectric energy projects, alongside significant, globally competitive energy and resources sectors in coal, oil and gas, minerals and agriculture. Queensland has the perfect combination of abundant natural resources, leading edge research capability and professional know-how to become a leader in the transition towards a clean energy future.
Building commercialisation opportunities
RDA Brisbane is proud to auspice Queensland's hydrogen industry cluster, H2Q. The cluster has received 12 months’ seed funding from NERA (National Energy Resources Australia) to connect and facilitate the sustainable growth of the hydrogen technology ecosystems in Queensland. H2Q is one of 13 regional clusters funded by NERA to connect the H2 ecosystems nationally.
The goal is to build the skills, capacities and commercialisation opportunities necessary to unlock Australia's enormous potential to create a globally competitive hydrogen industry. Within Queensland H2Q is connected with a range of universities, including Queensland University of Technology, Griffith Univer.sity and The University of Queensland. This provides insights into research addressing the technical, social and practical dimensions of energy transitions and links to Australia's Cooperative Research Centres
H2Q’s vision is championing the acceleration of hydrogen adoption and the development of clean energy solutions to deliver new jobs, regional prosperity and the decarbonisation of our industries and communities.