Evaluating the Economic Potential for Geological Hydrogen Storage in Australia
Australia has ambitions to become a major global hydrogen producer by 2030. The establishment of Australia’s and the world’s hydrogen economy, however, will depend upon the availability of affordable and reliable hydrogen storage. Geological hydrogen storage is a practical solution for large scale s...
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| Format: | Article |
| Language: | English |
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Frontiers Media S.A.
2023-12-01
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| Series: | Earth Science, Systems and Society |
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| Online Access: | https://www.lyellcollection.org/doi/10.3389/esss.2023.10074 |
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| author | Stuart D. C. Walsh Laura Easton Changlong Wang Andrew J. Feitz |
| author_facet | Stuart D. C. Walsh Laura Easton Changlong Wang Andrew J. Feitz |
| author_sort | Stuart D. C. Walsh |
| collection | DOAJ |
| description | Australia has ambitions to become a major global hydrogen producer by 2030. The establishment of Australia’s and the world’s hydrogen economy, however, will depend upon the availability of affordable and reliable hydrogen storage. Geological hydrogen storage is a practical solution for large scale storage requirements ensuring hydrogen supply can always meet demand, and excess renewable electricity can be stored for later use, improving electricity network reliability. Hosting thick, underground halite (salt) deposits and an abundance of onshore depleted gas fields, Australia is well placed to take advantage of geological hydrogen storage options to support its ambition of building a global hydrogen hub export industry. Using the Bluecap modelling software, we identify regions in Australia that are potentially profitable for large scale hydrogen production and storage. We use the results of this work to suggest high-potential regions for hydrogen development, supporting policymaker and investor decisions on the locations of new infrastructure and hydrogen projects in Australia. |
| format | Article |
| id | doaj-art-007210324d3c41eea0f84dbb2aa0f236 |
| institution | Kabale University |
| issn | 2634-730X |
| language | English |
| publishDate | 2023-12-01 |
| publisher | Frontiers Media S.A. |
| record_format | Article |
| series | Earth Science, Systems and Society |
| spelling | doaj-art-007210324d3c41eea0f84dbb2aa0f2362025-01-10T14:04:52ZengFrontiers Media S.A.Earth Science, Systems and Society2634-730X2023-12-013110.3389/esss.2023.10074Evaluating the Economic Potential for Geological Hydrogen Storage in AustraliaStuart D. C. Walsh0Laura Easton1Changlong Wang2Andrew J. Feitz31Department of Civil Engineering, Monash University, Melbourne, VIC, Australia2Hydrogen Initiatives, Department of Industry, Science, Energy and Resources, Canberra, ACT, Australia1Department of Civil Engineering, Monash University, Melbourne, VIC, Australia3Geoscience Australia, Canberra, ACT, AustraliaAustralia has ambitions to become a major global hydrogen producer by 2030. The establishment of Australia’s and the world’s hydrogen economy, however, will depend upon the availability of affordable and reliable hydrogen storage. Geological hydrogen storage is a practical solution for large scale storage requirements ensuring hydrogen supply can always meet demand, and excess renewable electricity can be stored for later use, improving electricity network reliability. Hosting thick, underground halite (salt) deposits and an abundance of onshore depleted gas fields, Australia is well placed to take advantage of geological hydrogen storage options to support its ambition of building a global hydrogen hub export industry. Using the Bluecap modelling software, we identify regions in Australia that are potentially profitable for large scale hydrogen production and storage. We use the results of this work to suggest high-potential regions for hydrogen development, supporting policymaker and investor decisions on the locations of new infrastructure and hydrogen projects in Australia.https://www.lyellcollection.org/doi/10.3389/esss.2023.10074green hydrogenblue hydrogenenergy transitiongeological storageeconomic fairways |
| spellingShingle | Stuart D. C. Walsh Laura Easton Changlong Wang Andrew J. Feitz Evaluating the Economic Potential for Geological Hydrogen Storage in Australia Earth Science, Systems and Society green hydrogen blue hydrogen energy transition geological storage economic fairways |
| title | Evaluating the Economic Potential for Geological Hydrogen Storage in Australia |
| title_full | Evaluating the Economic Potential for Geological Hydrogen Storage in Australia |
| title_fullStr | Evaluating the Economic Potential for Geological Hydrogen Storage in Australia |
| title_full_unstemmed | Evaluating the Economic Potential for Geological Hydrogen Storage in Australia |
| title_short | Evaluating the Economic Potential for Geological Hydrogen Storage in Australia |
| title_sort | evaluating the economic potential for geological hydrogen storage in australia |
| topic | green hydrogen blue hydrogen energy transition geological storage economic fairways |
| url | https://www.lyellcollection.org/doi/10.3389/esss.2023.10074 |
| work_keys_str_mv | AT stuartdcwalsh evaluatingtheeconomicpotentialforgeologicalhydrogenstorageinaustralia AT lauraeaston evaluatingtheeconomicpotentialforgeologicalhydrogenstorageinaustralia AT changlongwang evaluatingtheeconomicpotentialforgeologicalhydrogenstorageinaustralia AT andrewjfeitz evaluatingtheeconomicpotentialforgeologicalhydrogenstorageinaustralia |