Australia, with its abundance of sunshine and wind, is well-positioned to be a force in the globally renewable energy market, including for hydrogen.
Right now, NAB is supporting its clients through the decarbonisation process as the hydrogen sector matures and projects gain magnitude. The bank is also contributing to the industry through industry bodies, such as the Australian Hydrogen Council.
Given the massive size of the hydrogen opportunity, governments play an important role helping the fledgling sector become viable. AGIG owns gas infrastructure, including gas pipelines, gas distribution and gas storage across all mainland Australian states except the ACT. The business is focused on decarbonising the gas it supplies to homes and businesses and it is starting to deliver renewable hydrogen projects to achieve just that.
A blended energy source adds hydrogen into existing natural gas pipelines to create better environmental outcomes.
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