Officials Unsure When Hydrogen Production Can Be Profitable Despite Billions in Taxpayer Funding
The logo of green hydrogen is seen at the 2023 Hannover Messe industrial trade fair in Hanover, Germany on April 17, 2023. Alexander Koerner/Getty Images
Despite billions being pumped into trying to kickstart Australia’s hydrogen industry, department officials concede reaching profitability may be a long way off.
Jo Evans, the deputy secretary of the Department of Climate Change and Energy, said costs were still too high for hydrogen production.
Daniel Y. Teng
Editor
Daniel Y. Teng is based in Brisbane, Australia. He focuses on national affairs, including federal politics and Australia-China relations. Got a tip? Contact him at [email protected].
