No time to lose in race to supply hydrogen

Original article by Angela Macdonald-Smith
The Australian Financial Review – Page: 18 : 20-Sep-22

McKinsey’s global head of hydrogen Bernd Heid says Australia has the potential to become a major exporter of hydrogen, although he says it has "no time to lose" if it wants to achieve this potential. His comments came as French company Engie become the first firm in Australia to commit to the construction of an ‘industrial-scale’ greeh hydrogen project, while McKinsey is forecasting that hydrogen in all its forms will meet around 22 per cent of global energy demand by 2050, with hydrogen to replace fossil fuels in sectors such as steel and fertilisers.

CORPORATES
McKINSEY AND COMPANY

Leave a comment