Opportunities for Queensland business in Japan’s hydrogen economy
Queensland has an unparalleled opportunity to establish a viable and sustainable export economy for ‘green hydrogen’.
The global market for hydrogen is projected to expand rapidly from an existing base of $150 billion in sales to a trillion-dollar economy by 2050, due mainly to the drive to decarbonise industries such as transportation, electricity generation and chemicals.
Japan is currently Queensland’s second-largest export market and its growing need for sustainable energy make it an attractive market. Queensland is well positioned to rapidly scale up a hydrogen economy utilising existing and developing raw resources and infrastructure.
Opportunities for Queensland business in Japan’s hydrogen economy is the latest of TIQ’s international market reports, which aim to uncover global opportunities and help Queensland businesses explore prospects in new markets.
Opportunities for Queensland business in Japan’s hydrogen economy covers:
- hydrogen and its uses
- the significance of a hydrogen economy for Australia
- Queensland hydrogen developments
- global demand for hydrogen
- Japan: a hydrogen case study
- the case for Queensland to become a global player in the sector.
Japan Hydrogen International Market Report
31 October 2019 | pdf, 1.3 MB