Australia has passed legislation to boost the country’s hydrogen industry.
Australia has passed legislation to boost the country’s hydrogen industry.
The Offshore Petroleum and Greenhouse Gas Storage (OPGGS) Amendment Bills, amending the OPGGS Act 2006, were approved by the senate and are now awaiting royal assent.
Minister for resources, water and Northern Australia Keith Pitt said that the legislation could pave the way for the development of the hydrogen industry.
‘The abundant brown coal resources of the Latrobe Valley are ideal feedstock for one of the world’s first hydrogen export industries based on coal,’ Pitt said. ‘The CarbonNet project will provide the required carbon capture and storage (CCS) for the development of the low emissions Hydrogen Energy Supply Chain Project.
‘CarbonNet has been investigating the feasibility for a commercial-scale, multi-user CCS network in Gippsland, Victoria, and the bills that passed through parliament remove one of the technical issues around the project.
‘A proposed site straddles the boundary of state and Commonwealth waters and the bill amends and clarifies the regulatory framework to help unlock the development of more projects in the Latrobe Valley – providing a cost-effective pathway to low emissions.’
