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Australia surges into global hydrogen lead


MacroBusiness
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Via Fitch:
• Green Hydrogen Technology will lead the global hydrogen project pipeline, with 72GW of capacity in the various planning and development stages. Asia and North America and Western Europe (NAWE) will be the leading growth regions over the decade.
• We expect to see a continued increase in the number of projects being announced as well as a clear increase in the scale of projects.
• Major project announcements in Australia highlight the market as emerging as the dominant green hydrogen producer.
• We expect to see hydrogen derived exports and the ammonia industry emerge as the largest source of direct commercial demand for production projects while oil refining industries become the largest independent onsite offtaker. ....

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