South Australia will demonstrate why billions of dollars are being invested in the State’s hydrogen and green energy sector in Washington DC over the next two days.
Invest SA will showcase South Australia’s hydrogen capabilities to over 3000 global industry professionals, government representatives along with hydrogen and energy stakeholders, service providers and offtakers at the Hydrogen Americas (H2 Americas) Summit taking place at the Ronald Regan international Trade Centre.
South Australia has grown its strategic position in the global hydrogen industry through significant industry development and opportunities at Port Bonython, along with the Malinauskas Labor Government’s $593 million Hydrogen Jobs Plan.
The Hydrogen Jobs Plan will see the construction of a 250-megawatt electrolyser, a 200-megawatt power generator and capacity for 3600 tonnes of hydrogen storage.
South Australia is poised to produce and deliver a sustainable supply of green hydrogen with 56 renewable energy projects in the pipeline, totalling $20 billion.
H2 Americas commences almost a year to the day after US President Joe Biden passed the Inflation Reduction Act, which seeks to advance clean energy projects and investment and make US renewable hydrogen the cheapest worldwide.
South Australia’s positioning and commitment to the hydrogen industry has seen it gain an early mover advantage, with H2 Americas showcasing why the State is a global leader in the hydrogen industry.
Last month, the Malinauskas Labor Government introduced the Hydrogen and Renewable Energy Bill, designed to provide a coordinated approach to the State’s burgeoning hydrogen and renewable energy industries.
The Invest SA delegation builds on the Government’s commitment to position South Australia as a global leader in hydrogen following Premier Peter Malinauskas’ address to the World Hydrogen Summit in Rotterdam and Trade Minister Nick Champion attending Fuel Cell Expo in Tokyo earlier this year.
Further information on State Government’s Hydrogen opportunity and its Hydrogen Jobs Plan can be found here.
As put by Nick Champion
South Australia’s positioning as a global hydrogen superpower through its first mover advantage, market sounding and the commitment to the Hydrogen Jobs Plan, places the State at the vanguard of the hydrogen industry.
Our attendance at the Hydrogen Americas Summit, one of the biggest international hydrogen conferences in the world, provides the chance to connect with experienced companies and government representatives.
We are eager to develop mutually beneficial international relationships connected to hydrogen while showcasing South Australia as a place for those interested in hydrogen to invest in.