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The Novalith process for extracting lithium consumes carbon dioxide as a reagent, reducing emissions, eliminating the need for conventionally consumed.
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Cost competitiveness of green hydrogen on horizon: CEFC market study
An extensive market study into the competitiveness of green hydrogen across 25 Australian industry sectors has found that green hydrogen is already approaching cost competitiveness for heavy trucking, buses and remote power, with the potential to become commercially viable across further sectors of transportation as early as 2030.
The analysis shows how parallel advances in production and distribution costs, as well as ongoing technology evolution, will accelerate the commercial attractiveness of green hydrogen across key areas of the economy.
Large scale development would be critical to driving down installation and commissioning costs, similar to the accelerated development experienced by Australia’s large scale renewable energy sector. While hydrogen was closest to achieving commercial parity as an alternative to petroleum products, displacing natural gas provides a potential transitional use to