New supply chain model to impact hydrogen renewable energy
Hydrogen is considered a promising fuel for the future as it can be generated from water and produces no carbon emissions. However, transportation costs over long distances poses a challenge, as its quite expensive. There is also no available infrastructure to support it.
A newly developed supply chain model emphasizes the importance of considering different options for hydrogen distribution: whether the goal is to distribute “hydrogen the atom” or “hydrogen the energy”. Depending on their choice, decision-makers can then employ supply chain systems that suit their picks. The model also highlights the potential for low-cost export of emerging commodities such as methanol from Australia, utilizing hydrogen as an energy conduit.
The research, led by UTS Associate Professor Kaveh Khalilpour, focused on the feasibility of implementing this model in Australia, Singapore and Germany. Australia also stands to benefit from this model as it can further diversify, renewable energy portfolio, enhancing the country’s energy security.
With further exploration and implementation, this new model has the potential to transform the global hydrogen renewable energy industry, paving the way for a cleaner and more sustainable future.
A full report detailing this promising renewable energy resource has been published in a peer-reviewed journal, indicating its scientific rigor and potential impact.
