Landmark study reveals potential for Australia’s hydrogen industry to generate $40 billion in domestic GVA by 2040
Pictured: “NGC 604” – a vast cloud of hydrogen (approximately 1,500 light-years across), located inside the Triangulum Galaxy, which is about 2.73m light-years from Earth. This image was captured by the Hubble Space Telescope. Photo credit: NASA.
Australia’s hydrogen industry has the potential to generate $40 billion in domestic GVA and create 58,000-72,000 jobs per year by 2040, according to a new report by NERA and Arup.