Australia & New Zealand Banking Group
ANZ Hydrogen Handbook Volume II
Pages
84
Time to read
176 mins
Publication
Language
English
Pages
84
Time to read
176 mins
Publication
Language
English
The ANZ Hydrogen Handbook Volume II serves as a comprehensive guide on the evolving hydrogen market and its significance as a low-carbon energy source. It outlines various global initiatives aimed at promoting hydrogen, including the Inflation Reduction Act in the United States and Australia’s Hydrogen Headstart program. The document discusses the potential of hydrogen in decarbonizing sectors such as transportation and heavy industry, while acknowledging the challenges in making renewable hydrogen a cost-effective solution. It emphasizes the critical role of the financial services sector in funding the transition to a hydrogen economy. The handbook also highlights Australia’s unique position in the global hydrogen market, given its natural resources and capacity for hydrogen production. It details the properties of hydrogen, its applications, and its potential as an energy carrier, particularly in addressing energy storage challenges. The document aims to provide valuable insights for businesses looking to understand hydrogen's role in achieving net-zero emissions.