Renewable energy could drive Australia’s next resource boom as demand for hydrogen (H2) surges worldwide, the Australian Renewable Energy Agency (ARENA) said.
Since the meltdown at the Fukishima nuclear plant in 2011, the Japanese Government has accelerated its search for new energy sources, spending more than $16bn on H2 research and development.
As an established energy exporter with proven infrastructure, two Australian projects are already being investigated with the goal of exporting H2 to power the 2020 Tokyo Olympics.
Japan working towards renewable ‘H2 society’
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