LOCALLY-produced hydrogen shipped to Japan in March could pave the way for a profitable new industry, with hydrogen exports looking to be one of the key areas of interest in the government's upcoming National Hydrogen Strategy.
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In an Australian first, green hydrogen was produced using solar power at Cleveland's Redlands Research Facility and exported to Japan.
Energy Minister Angus Taylor said hydrogen exports could strengthen Australia's economy.
"Hydrogen exports from Australia to Asia will also play an important role in helping other countries reduce their emissions, just as the (liquefied natural gas) sector is doing today, all while keeping our economy strong," he said.
Issue papers - which give further information on a number of topics related to a hydrogen industry in Australia - were released on July 1.
One relates specifically to exports, stating that exports could be a valuable economic opportunity for Australia.
At least one company has started construction of a liquefied hydrogen transport ship to be trialled between Japan and Australia.
Resources Minister Matt Canavan said the development of Australia's hydrogen industry could be a lucrative economic opportunity but significant groundwork needed to done first.
"The development of our hydrogen resources will create new Australian jobs and an export industry valued in the billions," Minister Canavan said.
"Key export markets such as Japan and Korea are shifting their energy consumption towards hydrogen and we need to be ready to grasp that opportunity."
- Read more: Test drive hydrogen fueled cars in Redlands
Mr Taylor said that hydrogen technology would lower the cost of reducing emissions so Australia's climate commitments could be met without sending industries and jobs offshore.
"The Government has already invested more than $100 million into hydrogen projects, partnering with industry to develop tangible solutions that are important for bringing down energy prices while keeping the lights on for Australian households and small businesses," he said.
"Hydrogen is uniquely placed to provide reliable power through storage and transport of energy."
Each of the nine issues papers poses questions, encouraging responses from industry and the wider community.
Community members and industry stakeholders can now respond to key issues at industry.gov.au.
