Regions like the Hunter have no time to lose if they are to realise their competitive advantage in the emerging hydrogen economy, the head of hydrogen at global management consultancy McKinsey has cautioned.
Bernd Heid said Australia's production potential for low-cost renewable energy put it on a par with the Middle East in its ability to competitively produce decarbonised hydrogen to supply a market expected to grow seven- or eight-fold by 2050.
