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NORWAY AND AUSTRALIA COMPETE TO BE JAPAN’S HYDROGEN SUPPLIER

05/01/2017

Hoping to fulfill Japan’s vision of being the first nation to be fueled by super-clean energy, Norway and Australia are racing to supply Japan with hydrogen. Currently, Australia has a plan to derive liquid hydrogen from brown coal, but Norway’s new pilot program to produce clean energy may be cheaper. Japan’s annual hydrogen and fuel cell market is forecast to hit 1 trillion yen ($9 billion) in 2030 and 8 trillion yen in 2050, according to the industry ministry. Norway plans to deliver liquefied hydrogen to Japan for a minimum 24 yen per normal cubic meter, while estimates have Australia's price at 29.8 yen. For the full story see http://uk.reuters.com/article/us-japan-hydrogen-race-idUKKBN17U1QA.