With REPowerEU, the European Union (EU) has set itself the goal of importing ten million tons of renewable hydrogen from neighbouring countries and overseas by 2030 in order to replace fossil fuels in all sectors in Europe. Achieving this goal will require joint efforts by the member states and reliable partner countries.
To this end, Germany and Australia had previously looked into the possibility of importing renewable hydrogen from Australia as part of the »HySupply« project funded by the German Federal Ministry of Education and Research (BMBF). The study »Site-specific, Comparative Analysis for Suitable Power-to-X Pathways and Products in Developing and Emerging Countries« by Fraunhofer ISE on behalf of the H2Global Foundation also concludes that Western Australia has a unique combination of great potential for renewable energy, low hydrogen production costs, high land availability and political stability. | Duration: 06/2023 - 05/2024
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